Question

Please Help Compound Interest
See Attachment

Answer 1

set 50000=x(1+(.06/1)^18*1, and solve for x. In this case, x=17517.189.

Answer 2

okay thanks again

Answer 3

Can you please help me with this one?

Answer 4

for the first one, I believe it should be to the power of 10t, I don't know much about ten year decay factors but pure exponential decay says rate should coincide with base. ten-year-factor should coincide with 10t when t is measured in years.

Answer 5

okay, that makes sense

Answer 6

in the second, part c there is no variable (t) in the expression,

Answer 7

so it should be -.0183*t?