The equation for this is:
F = P(1+i)ⁿ
where
F is the present accounts balance
P is the initial deposit
i is the interest rate
n is the number of months
The interest rate is nominal which is 2.9% per year compounded monthly. Since there are 12 months in a year, that is equal to an effective interest rate of 0.24167% per month compounded monthly (i = 0.0024167). In 9 years, there are a total of 108 months, so n=108.
<span>$2033.88 = P(1+0.0024167)</span>¹⁰⁸
P = $1567.147
Answer:
52,000
Step-by-step explanation:
Answer:
(b) (18, 27), because the rate of change of the function is 4/3
hope this helps!
Step-by-step explanation:
Answer:
5 terms
to the fourth degree
leading coeff of 1
3 turning points
end behavior (when x -> inf, y -> inf. When x -> - inf, y -> -inf)
x intercepts are (0,-4) (0,-2) (0,1) (0,3)
Relative min: (-3.193, -25) (2.193, 25)
Relative max: (-0.5, 27.563)
Step-by-step explanation:
The terms can be counted, seperated by the + and - in the equation given.
The highest exponent is your degree.
The number before the highest term is your leading coeff, if there is no number it is 1.
The turning points are where the graph goes from falling to increasing or vice versa.
End behaviour you have to look at what why does when x goes to -inf and inf.
X int are the points at which the graph crosses the x-axis.
The relative min and max are findable if you plug in the graph on desmos or a graphing calculator.
Answer:
-1 < x < 4.
Step-by-step explanation:
- 6 < 2x - 4 <4
2x - 4 < 4
2x < 8
x < 4. Also we have:
2x - 4 > -6
2x > -2
x > -1.