Answer:
<em>$7,196.42 </em>
Step-by-step explanation:
Using the compound interest formula to fins the amount after 10years;
A = P(1+r)^n
Principal P = $400,000
Rate r = 8% = 0.08
Time t = 10 years
Substitute
A = 400,000(1+0.08)^10
A = 400,000(1.08)^10
A = 400,000(2.1589)
A = 863,569.99
A ≈ 863,570
Hence the amount after 10 years is $863,570
Monthly deposit = $863,570/120 (10 years is equivalent to 120months)
Monthly deposit = 7,196.42
<em>Therefore he will have to deposit $7,196.42 into his account monthly</em>
Answer:
1.
Vert. asymptote: x = {-3, 2}
Horiz. asymptote: y = 0
x-int: None
Question 3.
a. There is no hole
b. Vert. asymptote: x = {-2, 2}
c. f(x) = 0: x = {0, -1/2}
d. The graph has no hole at (-2, 4)
Question 4.
a. Vert. asymptote: x = {-2, 2}
b. f(x) = 0: x = {0, -1/2}
c. Horizontal asymptote: y = 2
d. The graph has no hole
I'm a bit confused. Some of the things stated in the question aren't true like how there are holes in places where there aren't.
<h3>
<u>Explanation</u></h3>
- Convert the equation into slope-intercept form.
where m = slope and b = y-intercept.
What we have to do is to make the y-term as the subject of equation.
From y = mx+b, the slope is 3.
<h3>
<u>Answer</u></h3>
