PLEASE HELP I'M STUCK ON THESE LAST 2 QUESTIONS !!!

1. D

2. 13

Step-by-step explanation:

For number 2, t= 21 would have reached approx. [503587.5]. t is months after jan 1. So I think this should be right.

The answer to 1 is d, because the compound interest formula is A=P(1+r/n)^(nt). That means 1 + 0.00175.

Number 2, I just estimated the value to be about 10, so I tried it out and it was very close. Are you allowed to use calculators?

(Don't use my method for #2, it doesn't always work)

Step-by-step explanation:

9) S(t) = 34000(1.0175)ˣ  where x = time t

10) 50000 = 2283(1.293)ˣ

50000 / 2283 = (1.293)ˣ

ln(50000 / 2283) = xln(1.293)

x = ln(50000 / 2283) = ln(1.293)

x = 12.01148576... or 12 months

by January 1, 2019 Bitcoin would have been essentially $50000

step-by-step explanation:

(s)he  is right it would be 5.5% because it is smaller than 15.5% or anything smaller than 15.5% in general