In the given graph point B is a relative maximum with the coordinates (0, 2).
The given function is .
In the given graph, we need to find which point is a relative maximum.
<h3>What are relative maxima?</h3>
The function's graph makes it simple to spot relative maxima. It is the pivotal point in the function's graph. Relative maxima are locations where the function's graph shifts from increasing to decreasing. A point called Relative Maximum is higher than the points to its left and to its right.
In the graph, the maximum point is (0, 2).
Therefore, in the given graph point B is a relative maximum with the coordinates (0, 2).
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It would come out to be $41.8275, so if you round it would cost $41.83.
Here is the equation:
Since both decimals are negative, the answer will be positive.
- Negative times Negative = Positive
Divide both sides by -3.9 to leave the variable alone:
r is equal to 4 → r = 4
Answer:
$976,578.71
Step-by-step explanation:
We assume the deposits are made at the <em>beginning</em> of each quarter. The quarterly interest rate is 6%/4 = 1.5%. The number of quarterly payments is 15×4 = 60. The future value of an annuity due is ...
A = P(1+r)((1+r)^n -1)/r
where r is the quarterly interest rate, n is the number of payments, and P is the payment amount.
A = $10000(1.015)(1.015^60 -1)/.015 ≈ $976,578.71
The future value is $976,578.71.