Question

can someone please help me with 9th grade math?

Answer 1

post your question and tag me when u done

Answer 2

The expression used to calculate the money in an account, I, after t years at a given yearly interest rate is calculated using the equation I=150(1.2)t. In order to find the monthly interest rate, the given equation must be rewritten.

Answer 3

Choose the values that complete the equivalent expression that can be used to find the approximate monthly interest rate.

Answer 4

I=150(__)^12t

Approximate monthly interest rate:___%

Answer 5

@Will.H

Answer 6

okay at 1st they gave you the interest rate as 1.2 per year
how can you change that into monthly? simply divide it by 12 since a year has 12 months

Answer 7

0.1?

Answer 8

So your new monthly expression would be
\[l = 150(\frac{ 1.2 }{ 12 })^(12t)\]

Answer 9

so what would the monthly interest be then?

Answer 10

@Will.H