Answer:
Compound interest = $365.4
Step-by-step explanation:
Given:
Amount borrowed = $6,000
Rate of interest = 3%
Number of year = year
Find:
Compound interest
Computation:
A = P[1+r]ⁿ
Amount after 2 year = 6,000[1 + 3%]²
Amount after 2 year = 6,000[1 + 0.03]²
Amount after 2 year = 6,000[1.03]²
Amount after 2 year = 6,000[1.0609]
Amount after 2 year = 6,365.4
Compound interest = Amount after 2 year - Amount borrowed
Compound interest = 6,365.4 - 6,000
Compound interest = $365.4
Yeah Imao you usually do these type of questions on a calculator but I've tried writing it on a calculator and it keeps on saying "error" so I'm gonna guess the question is wrong or sth
but if you type out the question without the bracket before the 12 you'll get 6.63
anyway hope this helps- have a good day bro cya)
Answer:
the linearization is y = 1/4x +5/4
the linearization will produce <em>overestimates</em>
the values computed from this linearization are ...
f(3.98) ≈ 2.245
f(4.05) ≈ 2.2625
Step-by-step explanation:
Apparently, you have ...

from which you have correctly determined that ...

so that f(3) = 2 and f'(3) = 1/4. Putting these values into the point-slope form of the equation of a line, we get the linearization ...
g(x) = (1/4)(x -3) +2
g(x) = (1/4)x +5/4
__
The values from this linearization will be overestimates, as the curve f(x) is concave downward everywhere. The tangent (linearization) is necessarily above the curve everywhere.
__
At the given values, we find ...
g(3.98) = 2.245
g(4.05) = 2.2625