This requires us to find the number of permutations of 6 different bands taken 2 at a time:
58.April would like to invest $200 in the bank for one year. Three banks all have a nominal APR of 1.5%, but compound the intere
1 answer:
Answer:
$203.00
Step-by-step explanation:
Since the bank in question compounds interest just once, and this is a one year investment, it can be treated as a simple rate interest problem. Therefore, the total balance after one year (B) is given by the following formula:
April's balance would be $203.00 after one year.
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something noteworthy is that the independent and squared variable in this case will be the "x", namely the graph of that quadratic is a vertical parabola.
so the parabola has solutions at x = -2 and x = 4, and its vertex will be half-way between those two guys, namely at x = 1.
since this is a vertical parabola, its axis of symmetry, the line that splits its into twin sides, will be a vertical line, and it'll be the x-coordinate of the vertex, since the vertex hasa a coordinate of x = 1, then the axis of symmetry is the vertical line of x = 1.