He tables represent the functions f(x) and g(x).
1 answer:
A function assigns the values. The correct option is D, x=1.
<h3>What is a Function?</h3>A function assigns the value of each element of one set to the other specific element of another set.
If the table of the two functions are drawn, than it can be seen that when the input value, x is given as 1 both the functions return the value as 3. Therefore, the correct option is D, x=1.
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Given : Initial deposit or the principal amount = $ 9000
Rate of interest = 3.1 %
Compound interest annually
= principal (1 + r/ 100)^t
here put value principal rate and time period 1, 5 10 and 20 years
and we get the amount for each time period
than for interest = amount - principal we get interest
as that we calculate all value:
given in the attachment
<h3>When do we use compound interest ?</h3>When interest on a balance in a savings or investment account is reinvested, you receive compound interest, which results in higher interest payments. Money makes money, a wise man once said. And money makes money by making more money. Compound interest speeds up the long-term growth of your savings and investments.
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