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beks73 [17]
3 years ago
10

Suppose John opens a savings account with $1,000 that compounds interest daily. The APR at the time John deposits the account is

3.5%. He makes no withdrawals or deposits. What is his APR to the nearest hundredth of a percent after 1 year?
Mathematics
1 answer:
Aleks04 [339]3 years ago
4 0
<span>If John opens a savings account with $1,000 that compounds interest daily. The APR at the time John deposits the account is 3.5% and he makes no withdrawals or deposits his APR after 1 year is 1035</span>
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Show work. This is a BC calculus problem.
stepan [7]

Answer:

D.

Step-by-step explanation:

Remember that the limit definition of a derivative at a point is:

\displaystyle{\frac{d}{dx}[f(a)]= \lim_{x \to a}\frac{f(x)-f(a)}{x-a}}

Hence, if we let f(x) be ln(x+1) and a be 1, this will yield:

\displaystyle{\frac{d}{dx}[f(1)]= \lim_{x \to 1}\frac{\ln(x+1)-\ln(2)}{x-1}}

Hence, the limit is equivalent to the derivative of f(x) at x=1, or f’(1).

The answer will thus be D.

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2 years ago
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Vlad [161]

Hello There!

Statistics is a tool used to help people process, summarize, analyze and interpret data for making better decisions.

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7 0
3 years ago
(1 point) 1. The height (in feet) and volume of usable lumber (in cubic feet) of 32 cherry trees are measured by a researcher. T
Thepotemich [5.8K]

Answer:

C. volume

Step-by-step explanation:

The response variable in this scenario would be the volume of the usable lumber. That is because this variable depends completely on the height of the cherry trees that are being measured. The higher that the cherry trees are the more volume can be expected to get from cutting these trees down. The opposite goes for trees that are smaller, they would decrease the total expected volume that will be received from the usable lumber since there would be less amount of tree to cut down.

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3 years ago
A jacket with an original price of $67.80 is discounted 10%. What is the sale price?
Advocard [28]
I’m pretty sure it is $61.02
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3 years ago
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navik [9.2K]

Answer:

-2

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10x+30+9x+4=x-5+3

19x+34=x-2

18x=-36

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5 0
3 years ago
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