Answer:
$ 728
Step-by-step explanation:
Amount of Money Cody has = $700
Simple Interest = 4%
As it is know that interest is always given on annually basis so
Amount of profit he have in one year = Money he have right now * interest
=700 * 4%
=
= $ 28
After one year he will have = total money at that time + Profit
= 700 + 28
= $ 728
Answer:
Step-by-step explanation:
GIVEN: Daniel invests in a retirement account with a fixed annual interest rate of
compounded
times per year.
TO FIND: What will the account balance be after years
SOLUTION:
Amount invested by Daniel
Annual interest rate
Total amount generated by compound interest is
Here Principle amount
rate of interest
number of times compounding done in a year
total duration of time
putting values we get
=
Hence the total balance after will be
Answer:
Answers are in bold type
Step-by-step explanation:
f(x) =
The parabola opens up, so has a minimum at the vertex.
Let (h, k) be the vertex
h = -b/2a = - (-144)/2(1) = 57
k = 57^2 - 144(57) = 3249 - 6498 = -3249
Therefore, the vertex is (57, -3249)
The minimum value is -3249
The domain is the set of real numbers.
The range = {y | y ≥ -3249}
The function decreases when -∞ < x < 57 and increases when 57 > x > ∞
The x - intercepts: = 0
x(x - 114x) = 0
x = 0 or x = 114
x-intercepts are (0, 0) and (0, 114)
When x = 0, then we get the y-intercept. So, 0^2 - 114(0) = 0
y-intercept is (0, 0)