A customer purchases a camera for $76.27. If the customer gives you $100, how much change should you give them back?
2 answers:
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Step-by-step explanation:
f(x) = 2x²+8x+10
vertex point :
x = -8/2(2)= -8/4
=> x = -2 <= this is a symetry axis
f(-2)= 2(-2)²+8(-2)+10=8-16+10=2
the vertex point : (-2, 2)
intercept with y-axis :
f(0) = 0+0+10 = 10
the point : (0, 10)
the drawing as attached
We have been given that you invest $100,000 in an account earning 8% interest compounded annually. We are asked to find the time it will take the amount to reach $300,000.
We will use compound interest formula to solve our given problem.
, where,
A = Final amount after t years,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Let us take natural log on both sides of equation.
Using natural log property , we will get:
Upon rounding to nearest tenth of year, we will get:
Therefore, it will take approximately 14.3 years until the account holds $300,000.