10 gallons equals how many liters
2 answers:
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We are given the following information
Investment = $5200
Annual interest rate = 4.2% = 0.042
Final amount = $16,500
Number of years = 27.7 years
Number of compoudings = quartely = 4
The student uses the following model
The general formula for compound interest is given by
As you can see, the number of compoundings is incorrect (3 vs 4)
The interest rate is also incorrect.
Let us substitute the given values into the above formula
Therefore, the final amount is approximately $16,543.5
An=a1+d(n-1)
an=nth term
a1=first term, when n=1
d=common differnce=amount each term increases by
n=which one
so
when n=1, an=40
so a1=40
it seems to increas by 7 each time
an=40+7(n-1)
explicit formula is expanded
an=40+7n-7
an=33+7n is the formula
the domain is natural numbers because you can't have the -3rd term or the 0th term or the 3.24th term
domain is natural numbers
the formula is
or 
an=nth term
a1=first term, when n=1
d=common differnce=amount each term increases by
n=which one
so
when n=1, an=40
so a1=40
it seems to increas by 7 each time
an=40+7(n-1)
explicit formula is expanded
an=40+7n-7
an=33+7n is the formula
the domain is natural numbers because you can't have the -3rd term or the 0th term or the 3.24th term
domain is natural numbers
the formula is