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Angelina_Jolie [31]
2 years ago
15

Find the amount to which $2,500 will grow if interest of 6.75% is compounded quarterly for 10

Mathematics
1 answer:
andreev551 [17]2 years ago
5 0

Answer:

Part a

For this case n = 4. If we use the future value formula we got:

A= 2500 (1+ \frac{0.0675}{4})^{4*10}= 4882.506

Part b

For this case n = 365. If we use the future value formula we got:

A= 2500 (1+ \frac{0.0675}{365})^{365*10}= 4909.776

Step-by-step explanation:

We can use the future vaue formula for compound interest given by:

A= P(1+ \frac{r}{n})^{nt}

Where P represent the present value, r=0.0675 , n is the number of times that the interest is compounded in a year and t the number of years.

Part a

For this case n = 4. If we use the future value formula we got:

A= 2500 (1+ \frac{0.0675}{4})^{4*10}= 4882.506

Part b

For this case n = 365. If we use the future value formula we got:

A= 2500 (1+ \frac{0.0675}{365})^{365*10}= 4909.776

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Suppose that we don't have a formula for g(x) but we know that g(3) = −5 and g'(x) = x2 + 7 for all x.
Leni [432]

Answer:

a)

g(2.9) \approx -6.6

g(3.1) \approx -3.4

b)

The values are too small since g'' is positive for both values of x in. I'm speaking of the x values, 2.9 and 3.1.

Step-by-step explanation:

a)

The point-slope of a line is:

y-y_1=m(x-x_1)

where m is the slope and (x_1,y_1) is a point on that line.

We want to find the equation of the tangent line of the curve g at the point (3,-5) on g.

So we know (x_1,y_1)=(3,-5).

To find m, we must calculate the derivative of g at x=3:

m=g'(3)=(3)^2+7=9+7=16.

So the equation of the tangent line to curve g at (3,-5) is:

y-(-5)=16(x-3).

I'm going to solve this for y.

y-(-5)=16(x-3)

y+5=16(x-3)

Subtract 5 on both sides:

y=16(x-3)-5

What this means is for values x near x=3 is that:

g(x) \approx 16(x-3)-5.

Let's evaluate this approximation function for g(2.9).

g(2.9) \approx 16(2.9-3)-5

g(2.9) \approx 16(-.1)-5

g(2.9) \approx -1.6-5

g(2.9) \approx -6.6

Let's evaluate this approximation function for g(3.1).

g(3.1) \approx 16(3.1-3)-5

g(3.1) \approx 16(.1)-5

g(3.1) \approx 1.6-5

g(3.1) \approx -3.4

b) To determine if these are over approximations or under approximations I will require the second derivative.

If g'' is positive, then it leads to underestimation (since the curve is concave up at that number).

If g'' is negative, then it leads to overestimation (since the curve is concave down at that number).

g'(x)=x^2+7

g''(x)=2x+0

g''(x)=2x

2x is positive for x>0.

2x is negative for x.

That is, g''(2.9)>0 \text{ and } g''(3.1)>0.

So 2x is positive for both values of x which means that the values we found in part (a) are underestimations.

6 0
3 years ago
The volume of a cube is 1 cubic foot. What is the length of each side of the cube
Alona [7]

Answer:

1

Step-by-step explanation:

7 0
2 years ago
HELPPPP...
uysha [10]
A. $6800 + $1360= $8160 total cost

b.
$68.85 each * 165 bracelets = $11360.25
$11360.25- $8160 total cost = $11278.75 profit

$11278.75 profit/$8160 total cost= 1.38218
1.38218= about 138%

Final answer: 138%
Warning: This answer will vary if you find the percent over cost (not including duty).
7 0
2 years ago
Sorry to bug ya'll but I don't get this..can you help me?
igor_vitrenko [27]

Answer:

3q + q + 12 OR 4q + 12

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Step-by-step explanation:

6 0
3 years ago
75% of the whole is 180. What's the whole?<br> .
Veronika [31]
Solution for What is 75 percent of 180:

75 percent *180 =

( 75:100)*180 =

( 75*180):100 =

13500:100 = 135

Now we have: 75 percent of 180 = 135

Question: What is 75 percent of 180?

Percentage solution with steps:

Step 1: Our output value is 180.

Step 2: We represent the unknown value with $x$x​.

Step 3: From step 1 above,$180=100\%$180=100%​.

Step 4: Similarly, $x=75\%$x=75%​.

Step 5: This results in a pair of simple equations:

$180=100\%(1)$180=100%(1)​.

$x=75\%(2)$x=75%(2)​.

Step 6: By dividing equation 1 by equation 2 and noting that both the RHS (right hand side) of both
equations have the same unit (%); we have

$\frac{180}{x}=\frac{100\%}{75\%}$
180
x​=
100%
75%​​

Step 7: Again, the reciprocal of both sides gives

$\frac{x}{180}=\frac{75}{100}$
x
180​=
75
100​​

$\Rightarrow x=135$⇒x=135​

Therefore, $75\%$75%​ of $180$180​ is $135$
8 0
3 years ago
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