Answer:
The last investment (C) has the least interest of $600
The other two investments (A and B) have the <u>same</u> amount of interest of $1800.
Step-by-step explanation:
<u>Simple Interest Formula</u>
I = Prt
where:
- I = interest earned
- P = principal
- r = interest rate (in decimal form)
- t = time (in years)
<u>Investment A</u>
- P = $2000
- r = 10% = 0.1
- t = 9 years
Substitute the given values into the formula and solve for I:
⇒ I = 2000(0.1)(9)
⇒ I = $1800
<u>Investment B</u>
- P = $3000
- r = 3% = 0.03
- t = 20 years
Substitute the given values into the formula and solve for I:
⇒ I = 3000(0.03)(20)
⇒ I = $1800
<u>Investment C</u>
- P = $2000
- r = 10% = 0.1
- t = 3 years
Substitute the given values into the formula and solve for I:
⇒ I = 2000(0.1)(3)
⇒ I = $600
The last investment (C) has the least interest of $600.
The other two investments (A and B) have the <u>same</u> amount of interest of $1800.
Answer:
The largest possible number of x intercept is 9 while the largest possible number of relative max/min is 8
Step-by-step explanation:
For any polynomial of degree n with distinct and real solutions, it can have at most n different x intercepts. This would imply it can have at most 9 distinct real solutions.
It can also have at most n-1 relative max/min in alternating order. This is best illustrated when such polynomial is sketched on a graph.
For example a quadratic expression is a polynomial of degree 2 and has at most 2 distinct solutions and 1 relative max/min.
In this question, for the polynomial, its degree (n) = 9
So it can have at most 9 x intercepts and at most 8 relative max/min.
Answer:
Step-by-step explanation:
We can plug this into a formula and get
the .9075 comes from 1 - the depreciation value of 9.25% which converts to .0925 in decimal form.
? is what we are trying to solve for.
We can divide both sides by 19,700 and we get
so ? is about 13.
A. $40, because you would do 1,000 × 1.04 = $1,040, and then subtract the original $1,000.
b. $81.60, because 1,000 × 1.04² = 1,081.6
c. $480.24, because 1,000 × 1.04^10 = 1,480.24.
I have used the formula for compound interest presuming you were aware of it, but I will be happy to explain what I did if you want :).
I hope this helps!
