5. This formula works out the tax you pay.
1 answer:
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The graph of the function f(x) = -(x+1)^2 shows that the domain of the function f(x) = -(x+1)² is: -∞ < x < ∞. The range of the function is f(x) ≤ 0.
<h3>What is the graph of a function?</h3>The graph of a function is the arrangement of all ordered pairs of the function. Typically, they are expressed as points in a cartesian coordinate system. The graph of f is the collection of all ordered pairings (x, f(x)) such that x lies inside the domain of f.
The graph of a function might similarly be defined as the graph of the equation y = f(x). As a result, the graph of a function is a subset of the graph of an equation.
From the given information: the graph of the function f(x) = -(x+1)² can be determined if the domain, the range, and the vertex of the function are known.
- The domain of the function f(x) = -(x+1)² is: -∞ < x < ∞
- The range of the function is f(x) ≤ 0
- The x-intercepts and the y-intercepts are (-1,0) and (0, -1) respectively
- The vertex is maximum at (-1,0)
Since the parabola curve from the graph shows that the graph is facing down, then the function is negative and decreasing.
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The amount that is the closest to the account balance at the end of 4 years is given by: Option B: $5,860. 53 (approx)
<h3>How to calculate compound interest's amount?</h3>If the initial amount (also called as principal amount) is P, and the interest rate is R% per unit time, and it is left for T unit of time for that compound interest, then the interest amount earned is given by:
The final amount becomes:
For the considered case, we're given that:
- Initial amount Laura deposited = $5,500 = P
- Type of interest: Compound interest
- Unit of time: Annually
- Rate of interest = 1.6% annually = R
- Total unit of time for which amount is to be calculated: 4 years = T
The final amount at the end of 4 years in the considered account of Laura is evaluated as:
Thus, he amount that is the closest to the account balance at the end of 4 years is given by: Option B: $5,860. 53 (approx)
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