You deposit $870 into a savings account that pays 3.7% interest compounded
annually. what is the balance of your account at the end of 3 years?

$970. 19

Step-by-step explanation:

Using the compound interest formula Accrued Amount = P (1 + r)^t

where Accrued amount is to be determined

P = principal; $870

r = 3.7% = 0.037

t = number of years = 3

Therefore

Accrued amount = 870 (1 + 0.037)^3

Accrued amount = 870 x 1.037^3

= 870 x 1.1152

= 970. 19

Hence balance of the account at the end of 3 years is $970. 19

a. -0.3 > -0.33

part a

in a city ice cream is mostly only bought when the temperature is very high as ice cream cools down our

so we can derive the conclusion that as the temperature increases the number of ice creams sold also increases

part b

y intercept is 5

slope is 2

happy to

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