Hey if anyone could explain this to me that would be awesome
2 answers:
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If you're asking for extrema, like the previous posting
well
like the previous posting, since this rational is identical, just that the denominator is negative, the denominator yields no critical points
and the numerator, yields no critical points either, so the only check you can do is for the endpoints, of 0 and 4
f(0) = 0 <---- only maximum, and thus absolute maximum
f(4) ≈ - 0.19 <---- only minimum, and thus absolute minimum
well
like the previous posting, since this rational is identical, just that the denominator is negative, the denominator yields no critical points
and the numerator, yields no critical points either, so the only check you can do is for the endpoints, of 0 and 4
f(0) = 0 <---- only maximum, and thus absolute maximum
f(4) ≈ - 0.19 <---- only minimum, and thus absolute minimum
Answer:
Step-by-step explanation:
step 1
<u><em>Simple interest</em></u>
we know that
The simple interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
step 2
<u><em>Interest compounded annually</em></u>
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
step 3
Find the differences between the two final amounts