The amount of money he will be able to withdraw after 10 years after his last deposit is $926,400.
<h3>Compound interest</h3>
- Principal, P = $2,000 × 12 × 4
= $96,000
- Time, t = 10 years
- Interest rate, r = 24% = 0.24
- Number of periods, n = 2
A = P(1 + r/n)^nt
= $96,000( 1 + 0.24/2)^(2×10)
= 96,000 (1 + 0.12)^20
= 96,000(1.12)^20
= 96,000(9.65)
= $926,400
Therefore, the amount of money he will be able to withdraw after 10 years after his last deposit is $926,400
Learn more about compound interest:
brainly.com/question/24924853
#SPJ4
Answers:
The formula is [f(-1)-f(-4)]/[3]
The value of f(-1) is 3
The value of f(-4) is -3
The average rate of change is 2
==============================================
Explanation:
For the first blank, we use the formula
[ f(b) - f(a) ]/[ b - a ]
where 'a' and 'b' are the endpoints for the x interval
In this case, a = -4 and b = -1. When you plug those values into the formula above, you get...
[ f(b) - f(a) ]/[ b - a]
[ f(-1) - f(-4)]/[ -1 - (-4) ]
[ f(-1) - f(-4)]/[ -1+4 ]
[ f(-1) - f(-4)]/[ 3 ]
which is why the answer is choice C for the first blank
-------------------------------------------
To compute the value of f(-1), we draw a vertical line through -1 on the x axis. This vertical line crosses the diagonal function graph at the point (-1,3). The y value of this point is what we want. Plugging in x = -1 leads to y = 3. This is why f(-1) = 3
If you want, you can draw a horizontal line through (-1,3) and you'll see it touching 3 on the y axis.
-------------------------------------------
Follow similar steps as above to compute f(-4). Draw a vertical line through x = -4 on the x axis. Mark the point where the vertical line crosses the diagonal line. This point is (-4,-3). Optionally draw a horizontal line over til you hit the y axis and you'll find that y = -3 corresponds to x = -4
This is why f(-4) = -3
-------------------------------------------
We'll use the last three sections to compute the average rate of change. Everything combines together building up to this moment.
From the first part, we had the formula
[ f(b) - f(a) ]/[ b - a ]
[ f(-1) - f(-4)]/[ 3 ]
We can replace the "f(-1)" with 3 since we found that f(-1) = 3
Similarly, f(-4) = -3 so we can replace the "f(-4)" with -3
Doing those replacements and simplifying leads to...
[ f(-1) - f(-4)]/[ 3 ]
[ 3 - (-3)]/[ 3 ]
[ 3 + 3]/[ 3 ]
6/3
2
So the average rate of change is 2
Note: because the entire graph is a straight line, the average rate of change for any interval a < x < b is going to be equal to the slope m. In this case, the slope of the line is m = 2/1 = 2. We move up 2 units each time we move to the right 1 unit along the diagonal line.
Answer:
49
Step-by-step explanation:
If so the inter quartile range = 58 - 9 = 49
Here’s the correct answer and how I got it :)