Answer:
You would have $343.37 at the end of the 2 years.
Step-by-step explanation:
Interest earned is like bonus money the bank pays you just for keeping money
P: the starting balance of the account (also called initial deposit, or principal)
A: the new balance in the account after N years.
t: the number of years or time
r: the interest rate, (in decimal form)
n: the number of times the interest is compounded each year.
Annually = each year = 1
P =$300, r = 7%, t = 2, n = 1, A = ?
Substitute the numbers into the "Compound Interest Formula".
So you would have $343.37 at the end of the 2 years.
Look at the chart
Letting n approach infinity results in the undefined "infinity over infinity."
Differentiate numerator and denominator separately, obtaining
1/n
(limit as n approaches infinity of) ------------- = 0. Series is convergent.
2n
How To Find Inverses:
1. First, replace f(x) with y . ...
2. Replace every x with a y and replace every y with an x .
3. Solve the equation from Step 2 for y . ...
4. Replace y with f−1(x) f − 1 ( x ) . ...
5. Verify your work by checking that (f∘f−1)(x)=x ( f ∘ f − 1 ) ( x ) = x and (f−1∘f)(x)=x ( f − 1 ∘ f ) ( x ) = x are both true.
Hey,
The lower quartile is the median of the lower half of the data set.
The median is the middle most number or the average of the two middle most numbers depending on how many values there are.
Cheers,
Izzy
