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taurus [48]
3 years ago
6

Jacob would like to have $50,000 when he turns 40 (so he can throw a big party for all his former teachers!) he has about 35 yea

rs to invest his money. If he found an account that earns 4.5%intrist annually, how much must he invest NOW to have $50,000 for the party?
Mathematics
1 answer:
zepelin [54]3 years ago
3 0
Jacob must now invest $10,712,72 to have $50,000 for the party.
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Answer:

-x¹⁴ / 5040

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Step-by-step explanation:

f(x) = e^(-x²)

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Substitute -x²:

e^(-x²) = ∑ (1/n!) (-x²)ⁿ

e^(-x²) = ∑ (1/n!) (-1)ⁿ x²ⁿ

The 14th degree term occurs at n=7.

(1/7!) (-1)⁷ x¹⁴

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ln(1 + x) = ∑ₙ₌₁°° (-1)ⁿ⁺¹ xⁿ / n

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Using ratio test:

lim(n→∞)│aₙ₊₁ / aₙ│< 1

lim(n→∞)│[(-1)ⁿ⁺² (4x²)ⁿ⁺¹ / (n+1)] / [(-1)ⁿ⁺¹ (4x²)ⁿ / n]│< 1

lim(n→∞)│-1 (4x²) n / (n+1)│< 1

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2 years ago
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Step-by-step explanation:

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