Ask Question
Social StudiesSocial Studies
25 February, 13:42

A savings account with compounded interest can be modeled by which type of graph?

+3
Answers (1)
  1. 25 February, 13:58
    0
    A savings account with compounded interest is modeled by a geometric progression. The geometric progression uses the formula A * (1+i/100) ^n, where A is the capital invested, i is the % interest rate and n is the number of periods. Being A and i two constants and n the independent variable, the formula is an exponential function. then the type of graph that best models the saving accounts is an expnential graph.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A savings account with compounded interest can be modeled by which type of graph? ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What is an example of psychology and ethics?
Answers (1)
When should you yield your legal right-of-wa?
Answers (1)
Which type of colonial domination involves an attempt to transform a colonial state into an extension of the dominant state?
Answers (1)
Which city saw the worst protests to the Stamp Act.
Answers (1)
The organizational rules identified by gestalt psychologists illustrate that
Answers (1)
New Questions in Social Studies
A study that is valid and reliable Select one: a. is called a marketing research study. b. measures subtle differences in the population being studied and produces almost identical results in repeated trials. c.
Answers (1)
What is the major difference between the majority and dissenting opinions on false speech and the Stolen Valor Act?
Answers (2)
Most of Luke's friends look at him with respect. He is self-aware, self-accepting, and open. He is spontaneous and caring and does not worry about other people's opinions. According to Abraham Maslow, it is likely that Luke is motivated by:
Answers (1)
Lily is 10 years old. she gets a score of 97 on an iq test. what does this tell us about her intellectual ability? a. lily must be a very smart girl-100 is a perfect score. b.
Answers (1)
Spoofing happens when: a. a word is converted into a digital pattern. b. a firewall rejects the incoming data packets. c. keystrokes are monitored and recorded. d. an illegitimate program poses as a legitimate one.
Answers (1)
Home » Social Studies » A savings account with compounded interest can be modeled by which type of graph?
Sign Up Forgot Password?