Answer:
Difference= $3,090.15 in favor of compounded interest
Step-by-step explanation:
Giving the following information:
Present value (PV)= $8,500
Ineterest (i)= 0.025/12= 0.00208
Number of periods (n)= 360 months
<u>We will calculate the future value of each option and determine the difference:</u>
<u>Simple interest:</u>
FV= (PV*i*n) + PV
FV= (8,500*0.00208*360) + 8,500
FV= $14,864.8
<u>Compounded interest:</u>
FV= PV*(1+i)^n
FV= 8,500*(1.00208^360)
FV= $17,958.95
Difference= $3,090.15
Answer:
To see all the points that lie on the equation
h(x) = 3*x^2
We use a graphing calculator, to plot the function h(x)
Please see attached image for more information.
We can see in red all the points that lie on the function. There are an infinite number of points in it.
Answer:
No, because it has repeating domains (x-values) which is -2
Step-by-step explanation:
A function should not have repeating x-values.
Answer:
It is vertically stretched by a factor of 200 and shifted 10 units up.
Step-by-step explanation:
cool like that