The domain of the function is 80 to 180 because domain refers to the valid inputs of the function.
After receiving $42, the new domain (<em>that Albert can afford)</em> is from 80 to 147.
Formula for compound interest is
Interest = Amount - Principal
Interest =
- P
Where r = rate in percent
t = time in years
For Jaina,
P = $300
r= 7%
t = 3 yrs
So, Interest =
- 300
For Tomas
P = $400
r= 4%
t = 3 yrs
So, Interest =
- 400
So pair of equations for Jaina and Tomas are
Interest =
- 300
Interest =
- 400