5000(1+.085/4)^n=1000
to find n use log:
1.02125^n
N X log1.02125
when computed=32.9
round to 33 quarters compounded
33/4
equals to 8 years 3 months
Hello,
Line 1 is passing through (-4,3), (-2,7) has a slope of (3-7)/(-4+2)=2
Line 2 is passing through (2,9), (4,1) has a slope of (9-1)/(2-4)=-4
One other way:
y=9-1/2 x²
y'=-x
gradient 1=-(-2)=2 for point (-2,7)
gradient 2=-(4)=-4 for point(4,1)
