A principal of $2000 is invested at 7.75% interest, compounded annually. How much will the investment be worth after 14 years?
1 answer:
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Answer:
Step-by-step explanation:
The average slope (s) on the interval [a, b] is given by
s = (f(b) -f(a))/(b -a)
When there are a lot of computations to do, it is convenient to let a machine do them. The intervals and slopes are ...
[0, 5] : 5
[-3, 3] : 0
[-5, 3] : -2
[-3, 5] : 2
s = (f(b) -f(a))/(b -a)
When there are a lot of computations to do, it is convenient to let a machine do them. The intervals and slopes are ...
[0, 5] : 5
[-3, 3] : 0
[-5, 3] : -2
[-3, 5] : 2