Answer:$2700
Step-by-step explanation: Really depends on the kind of interest, but you would take the initial amount, and multiply it by the APR for the amount of interest, then add the interest to the initial amount.
Answer:
The whole rectangle is in the 1st dimensions.
For how to do this, you need draw it in a grid chart.
9.87 because when converting from a percent to decimal, you always move the decimal back 2 spaces.
Answer:
The inequalities all need to be of the form a < x ≤ b. i think that is it
T = 5, so after 5 years
p(t) = t^3 - 14t^2 + 20t + 120
Take derivative to find minimum:
p’(t) = 3t^2 - 28t + 10
Factor to solve for t:
p’(t) = (3t - 2)(t - 5)
0 = (3t - 2)(t - 5)
0 = 3t - 2
2 = 3t
2/3 = t
Plug 2/3 into original equation, this is a maximum. We want the minimum:
0 = t - 5
5 = t
Plug back into original:
5^3 - 14(5)^2 + 20(5) + 120
125 - 14(25) + 100 + 120
125 - 350 + 220
- 225 + 220
p(5) = -5
