William wants to invest $30,000 in a mutual fund.
1 answer:
Answer:
He will have $39,750 at the end of five years.
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E is the amount of interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
After t years, the total amount of money is:
In this question:
Interest earned:
Total amount:
He will have $39,750 at the end of five years.
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Answer:
Step-by-step explanation:
Suppose number is x
Following equation can be written from question statement
Simplifying it further
Answer:
vertex = (- 1, 1 )
Step-by-step explanation:
Given a parabola in standard form
y = ax² + bx + c ( a ≠ 0 )
Then the x- coordinate of the vertex is
x = -
y = x² + 2x + 2 ← is in standard form
with a = 1 and b = 2 , then
x = - = - 1
substitute x = - 1 into the equation for y- coordinate of vertex
y = (- 1)² + 2(- 1) + 2 = 1 - 2 + 2 = 1
vertex = (- 1, 1 )