The simple interest balance function can be written in it's most general form: B left parenthesis t right parenthesis space equals space P space plus space P times r over n times t where P is the initial principal, r is the annual interest rate, n is the number of time units per year (days n=365, months n=12, years n=1) that the interest is deposited into the account, and t is the total number of time units (days, months, years) Which of the following simple interests function represents the balance in a simple interest account that has an initial principal of $600, deposits the interest into the account every month, and has an annual interest rate of 4.8%? O B left parenthesis t right parenthesis space equals space 600 space plus space 2.4 cross times t O B left parenthesis t right parenthesis space equals space 2.4 space plus space 600 cross times t O B left parenthesis t right parenthesis space equals space 600 space plus space 4.8 cross times t O B left parenthesis t right parenthesis space equals space 600 space plus space 28.8 cross times t

The simple interest balance function can be written in it's most general form: B left parenthesis t right parenthesis space equals space P space plus space P times r over n times t where P is the initial principal, r is the annual interest rate, n is the number of time units per year (days n=365, months n=12, years n=1) that the interest is deposited into the account, and t is the total number of time units (days, months, years) Which of the following simple interests function represents the balance in a simple interest account that has an initial principal of $600, deposits the interest into the account every month, and has an annual interest rate of 4.8%? O B left parenthesis t right parenthesis space equals space 600 space plus space 2.4 cross times t O B left parenthesis t right parenthesis space equals space 2.4 space plus space 600 cross times t O B left parenthesis t right parenthesis space equals space 600 space plus space 4.8 cross times t O B left parenthesis t right parenthesis space equals space 600 space plus space 28.8 cross times t

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Domain

In simple mathematics terms, a domain is defined as the space on which all the possible inputs for the function will lie. It can also be expressed as a set of departures for the required function.

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The simple interest balance function can be written in it's most general form:
B left parenthesis t right parenthesis space equals space P space plus space P times r over n times
where P is the initial principal, r is the annual interest rate, n is the number of time units per year
(days n=365, months n=12, years n=1) that the interest is deposited into the account, and t is the
total number of time units (days, months, years)
Which of the following simple interests function represents the balance in a simple interest account
that has an initial principal of $600, deposits the interest into the account every month, and has an
annual interest rate of 4.8%?
B left parenthesis t right parenthesis space equals space 600 space plus space 2.4 cross times t
B left parenthesis t right parenthesis space equals space 2.4 space plus space 600 cross times t
O B left parenthesis t right parenthesis space equals space 600 space plus space 4.8 cross times t
B left parenthesis t right parenthesis space equals space 600 space plus space 28.8 cross times t

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