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Please help I will mark brainlist pls

Please Help I Will Mark Brainlist Pls class=

Sagot :

semsee45

Answer:

a) [tex]g(x) = 600 \cdot 1.05^x[/tex]

b) $2,593.17

Step-by-step explanation:

1) a)  Using compound interest formula: [tex]y=a(1+r)^x[/tex]

where a is the starting amount, r is the rate in decimal format, and x is the number of years

Given:

  • Starting amount = $600
  • Annual return = 5% = 0.05

[tex]\implies g(x) = 600 \cdot 1.05^x[/tex]

b) when x = 30

[tex]g(x) = 600 \cdot 1.05^{30}=\$ 2,593.17[/tex]

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