Pls help, was sick the day I had to learn this
1 answer:
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For this case what we should know is that the function that best adapts to this problem is given by:
y = 2 * (4) ^ x
The graph of the function is shown for two different intervals:
A small interval of -1.5 to 0.5
A larger interval of -6.5 to 6.5.
In both intervals the exponential growth of the function is demonstrated.
Answer:
See attached image.
y = 2 * (4) ^ x
The graph of the function is shown for two different intervals:
A small interval of -1.5 to 0.5
A larger interval of -6.5 to 6.5.
In both intervals the exponential growth of the function is demonstrated.
Answer:
See attached image.
Answer:
Step-by-step explanation:
For this case we can use the formula for the future value with compound interest given by:
(1)
For this case since the interest is compounded quarterly we have 3 periods each year, since we have 3 quarters in a year.
r represent the rate =0.026
t = 6 represent the number of years
P = 3200 represent the amount invested at the begin
If we apply the formula (1) we got:
So then the balance after 6 years would be approximately 50995 with the conditions provided.