Answer:
The account will grow to 1,000 in 5 years.
Step-by-step explanation:
Since the account will become 1000, the interest is 90 dollars. I=p*r*t.
90=910*.021*t
90=19.11*t.
t=4.71, so it will take 5 whole years.
The value would be 28,000*(1-0.0725)*(1-0.0725)*(1-0.0725)*(1-0.0725)*(1-0.0725)
which is 28,000*0,9275
which equals 28,000*0.6863=$19,219
Wht do you need help with exactly ?
The inverse of this function would be f(x) = .
You can find the value of any inverse function by switching the f(x) and the x value. Then you can solve for the new f(x) value. The end result will be your new inverse function. The step-by-step process is below.
f(x) = - 6 ----> Switch f(x) and x
x = - 6 ----> Add 6 to both sides
x + 6 = -----> Take the logarithm of both sides in order to get the f(x) out of the exponent
Log(x + 6) = f(x)Log2 ----> Now divide both sides by Log2
= f(x) ----> And switch the order for formatting purposes.
f(x) =
And that would be your new inverse function.
Answer:
We can compute simple interest by finding the interest rate percentage of the amount borrowed, then multiply by the number of years interest is earned. Another type of interest calculates interest on both the money initialy deposited as well as the interest money earned, and is called compound interest.
Step-by-step explanation:
hope this helps