Precalculus
1 answer:
Answer:
$24.35
Step-by-step explanation:
We will use the compound interest formula provided to solve this problem:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First, change 1% into a decimal:
1% -> -> 0.01
Since the interest is compounded monthly, we will use 12 for n. Lets plug in the values now:
Lastly, subtract <em>A </em>from the principal to get the interest earned:
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Answer:
1)
2)
3)
Step-by-step explanation:
So we have the two functions:
And we want to find (f+g)(x), (f-g)(x), and (f*g)(x).
1)
(f+g)(x) is the same to f(x)+g(x). Substitute:
Combine like terms:
Add:
So:
2)
(f-g)(x) is the same to f(x)-g(x). So:
Distribute:
Combine like terms:
Simplify:
So:
3)
(f*g)(x) is the same to f(x)*g(x). Thus:
Distribute:
Distribute:
Combine like terms:
Simplify:
So: