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20.12.2019 •
Mathematics
An account earned interest of 3% per year. the beginning balance was $150. the equation t=log1.03 (e/150) represents the situation, where t is the time in years and e is the ending balance. if the account was open for 8 years, what was the ending balance?
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Ответ:
the ending balance is $190.
Step-by-step explanation:
Step 1:
The given information is:
Interest rate = 3% per year
Beginning balance = 150 $
Equation:
t = log₁.₀₃ (E / 150)
Step 2:
Solve for E:
8 = log₁.₀₃ (E / 150)
E / 150 = (1.03)⁸
E = (1.03)⁸ (150)
E = 190 $
Therefore, the ending balance is $190.
Ответ:
Offer fewer goods for low prices
Explanation: