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trasher [3.6K]
3 years ago
12

What is the difference between simple and compound interest?

Mathematics
1 answer:
rjkz [21]3 years ago
4 0

Answer:

Step-by-step explanation:

Examples. A friend asks to borrow $300 and agrees to repay it in 30 days with 3% interest. How much interest will you earn? Simple interest is calculated on the principal, or original, amount of a loan. Compound interest is calculated on the principal amount and also on the accumulated interest of previous periods, and can thus be regarded as "interest on interest."

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WITCHER [35]

Given:

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Solution:

We have,

f(x)=\dfrac{8\sqrt[3]{x}-8}{9}

Step 1: Putting f(x)=y, we get

y=\dfrac{8\sqrt[3]{x}-8}{9}

Step 2: Interchange x and y.

x=\dfrac{8\sqrt[3]{y}-8}{9}

Step 3: Isolate variable y.

9x=8\sqrt[3]{y}-8

9x+8=8\sqrt[3]{y}

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Taking cube on both sides, we get

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y=\left(\dfrac{9x+8}{8}\right)^3

Step 4: Putting y=f^{-1}(x), we get

f^{-1}(x)=\left(\dfrac{9x+8}{8}\right)^3

Therefore, the correct option is C.

4 0
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SOVA2 [1]
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RoseWind [281]

Answer:

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Answer:

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