Answer:
FYAB gives a better deal.
Step-by-step explanation:
Compound interest:

Continuously compounded interest:

For the quarterly compounded interest, r = 0.25%, and n = 4.






For the continuously compounded interest, r =0.23%







The quarterly compounded doubles in 277 years.
The continuously compounded doubles in 301 years.
Answer: FYAB gives a better deal.
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Answer: 0.7, 0.251, 0.18, 0.171
Step-by-step explanation:
Step-by-step explanation:
As seen from the graph, the curve crosses the x-axis when x = -1 and x = 1. The y-intercept of the curve is -1.
Hence, the quadratic equation of the curve is y = x^2 - 1.
An applicable equation of a vertical parabola in vertex form is:
y-k = a(x-h)^2
Let x=2, y=4, h=-1 and k=-1, where (h,k) is the vertex. Then,
4-(-1) = a(2-[-1])^2, which becomes 5 = a(9). Therefore, a = 5/9, and the
equation of the parabola is
y+1 = (5/9)(x+1)