Present value, PV = $500
Future value, FV = 2*PV = 2*500 = $1,000
Rate, r = 4% = 0.04
Compounding times in a year, n = 4 (compounded quarterly)
Time, t = ??
The future value expression is stated as:
FV = PV (1+r/n)^nt
Substituting;
1000 = 500 (1+0.04/4)^4t
2 = (1.01)^4t
ln 2 = 4t ln 1.01
0.6931 = 4t* 0.00995
0.6931 = 0.0398t
t = 17.414 years
Time required for the amount to double is 17.41 years.
Answer:4
Step-by-step explanation:
f(1)=6(1)+2
=8
g(f(1))=2(8)+4/5
=20/5
=4
The required zeroes are ~
Let's equate the given polynomial with 0, to find its roots ~
that is ~
there are two cases,
Case # 1 - when (x + √3) = 0
and
Case # 2 - when (x - √3) = 0
Answer:
354.95
Step-by-step explanation: