Question

Identify the values of P, r, and n in the expression based on Emma’s situation. Then substitute those values into the formula to write a simplified exponential expression in terms of time. Replace the variables a, b, and c to write the expression.

Answer 1

The values of a, b, and c are 300, 1.0125, and 15.

Compound interest

Compound interest is the interest on a loan or deposit calculated based on the initial principal and the accumulated interest from the previous period.

Given

$\rm A = P[1 + \dfrac{r}{n}]^{nt}$

Where P is principal, r is the annual interest rate, n number of years, and t be the time.

Principal = $300

Rate = 18.75%

n = 15 years

To find

The expression.

How to replace the variables a, b, and c?

By the formula we have

$\rm A = P[1 + \dfrac{r}{n}]^{nt}\\\\A = 300 [1.0125]^{15t}$

Then the values of a,b, and c are 300, 1.0125, and 15.

More about the compound interest link is given below.

https://brainly.com/question/25857212