Aclub deposited $50,000 in a savings account at the beginning of the year interest will be paid at a rate of 3% at the end of the year how much interest will the club receive for the year

At the end of the year the club will receive $1 500 interest.

Step-by-step explanation:

To sole this, we will simply use the formula;

Simple Interest  =  P × R × T  /  100

where

P = principal

R = rate

T = time (always given in years)

From the question given

principal(p) = $50, 000

Rate (R)  = 3

Time(t) = 1

We can now proceed to insert our values into the formula;

Interest  =  P × R × T  /  100

                = $50 000× 3 × 1 / 100

                  =$150 000/ 100

                  =$ 1 500

Therefore, at the end of the year the club will receive $1 500 interest.

the correct answer is b. negative exponential growth.

step-by-step explanation:

you can tell it's an exponential function because it decreases rapidly then levels out and never touches the x-axis.

it is negative because the y-axis decreases as the x-axis increases.

therefore it is a negative exponential growth graph.

hope i !