Answer:
$3599.57
Step-by-step explanation:
Using the compound interest formula Accrued Amount = P (1 + r)^t
where Accrued amount is to be determined
P = principal; $3200
r = 4% = 0.04
t = number of years = 3
Therefore
Accrued amount = 3200 (1 + 0.04)^3
= 3200 x 1.04^3
= 3200 x 1.1249
= 3599.57
The total amount after 3 years is $3599.57
Answer: 2
Step-by-step explanation:
You are not really asked how to find the solutions, just how many there are. The easiest way to solve this is to use a program like Desmos and graph the question. I have done this for you.
Red: line -2x + 1
Blue: quadratic y = -2x^2 + 1
Answer: 2