Answer:
Step-by-step explanation:
Hello, because of the end behaviour it means that the leading coefficient is negative so we can construct such polynomial function as below.
Hope this helps.
Do not hesitate if you need further explanation.
Thank you
Answer:
It will take 88.2 months to accumulate the amount
Step-by-step explanation:
Given;
Future value of money, FV = $25,000
investment per compound period, P = $200
interest rate, i = 0.75% x 12 = 9%
The number of monthly installments required to amount to FV is given by;
Therefore, it will take 88.2 months to accumulate the amount.