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please help @ganeshie8 ,@Hero , @Abhisar
PLEASE HELP ANYONE
PLEASE HELP @Preetha AND @mathstudent55
please help anyone
please help me @ganeshie8
If the money sits at home, it just stays $200
But if you put it in an account that accrues interest, the amount of money you have will go up using the interest function.
It also depends on how much money you are drawing interest on, which is where the $200 comes into play (called the principle).
yea kind of
So, any ideas on how to answer using that info?
Or do you have any questions?
i kind of got the answer
when im done can you look at it to see if it's right
If I'm still available, sure. Tag me. :-)
so what the new function mean is that the 200 dollars that was originally at your home is going to be put in a the interest function at a bank . what it is going to happen to your 200 dollar is that the interest function is are going to put you 200 dollar up in interest since your putting the 200 dollar into a the interest function. is this right @JoannaBlackwelder ?
is this rigth @JoannaBlackwelder
Hm, the question asks to explain what the new function means. I think you are accurately explaining what is happening, but not answering the question.
Do you understand the difference?
the difference would be (1.05)^ x-1
um is the difference is (1.05)^x-1 @JoannaBlackwelder
Well, that is a difference, but I was meaning to ask if you understand the difference between explaining what is happening in the problem and answering the question they asked.
um they are asking to to explain what the new function that they give you means @JoannaBlackwelder
so wait the new function is going to be the interest right @JoannaBlackwelder
Yes, it is the interest based on the amount of money put into the bank (principle)