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mafiozo [28]
3 years ago
12

HEY GUYS I NEED HELP NOT ENOUGH TIME SO DYLAN INVESTED $600 IN A SAVINGS ACCOUNT AT A 1.6% ANNUAL INTEREST RATE. HE MADE NO DEPO

SITS OR WITHDRAWALS ON THE ACCOUNT FOR 2 YEARS. THE INTEREST WAS COMPOUNDED ANNUALLY. FIND TO THE NEAREST CENT THE BALANCE IN THE ACCOUNT AFTER 2 YEARS
Mathematics
1 answer:
kaheart [24]3 years ago
5 0
Total or just the interest?


Total-$619.35

Interest-$19.35
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Answer: the second one

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Step-by-step explanation:

f(x) = 1 / (5 + x)

Divide top and bottom by 5.

f(x) = ⅕ / (1 + ⅕x)

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Write as a geometric series.

f(x) = ∑ₙ₌₀°° ⅕ (-⅕x)ⁿ

f(x) = ∑ₙ₌₀°° ⅕ (-1)ⁿ (⅕)ⁿ xⁿ

f(x) = ∑ₙ₌₀°° (-1)ⁿ (⅕)ⁿ⁺¹ xⁿ

Use ratio test:

lim(n→∞)│aₙ₊₁ / aₙ│< 1

lim(n→∞)│[(-1)ⁿ⁺¹ (⅕)ⁿ⁺² xⁿ⁺¹] / [(-1)ⁿ (⅕)ⁿ⁺¹ xⁿ]│< 1

lim(n→∞)│-1 (⅕) x│< 1

│x/5│< 1

│x│< 5

-5 < x < 5

If x = -5, ∑ₙ₌₀°° ⅕ (-1)ⁿ (⅕)ⁿ (-5)ⁿ = ∑ₙ₌₀°° ⅕ (1)ⁿ, which diverges.

If x = 5, ∑ₙ₌₀°° ⅕ (-1)ⁿ (⅕)ⁿ (5)ⁿ = ∑ₙ₌₀°° ⅕ (-1)ⁿ, which diverges.

The interval of convergence is therefore (-5, 5).

4 0
3 years ago
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