Grace deposits $1000 in a mutual fund earning 9.25% annual interest, compounded monthly. write an exponential function that models this situation where y is the amount of grace's investment and x is time in years.

First, we calculate for the effective interest given the annual interest and the condition that it is compounded monthly.

                                                Ieff = (1 + 0.0925/12)^12 – 1 = 0.09652

The equation that would best represent the value of Grace’s money after x years is equal to,

                                               An = ($1000)(1.09652)^x

Where x is the number of years

here you hope this .

step-by-step explanation:

hypotenuse = √(15² + 8²)

=  √(225 +64)

=  √(289) = 17

sin(x) = cos(y) = 8/17

they are identical so long as you are doing the sine of one angle and the cosine of the only other angle that isn't the right angle.

answer: 42

use a calculator to find that 845/73 = 11.575

the whole part of the answer is 11. multiply this by 73 to get 11*73 = 803.

subtract that result from 845 to get 845 - 803 = 42