I will have $1075 in the account after 3 years
It is 3.75 for the answer
Answer:
2/3
Step-by-step explanation:
so the inverse takes us from the range to the domain... they tell us that f(4) goes to 5.. so if we were to take the inverse f
(5) it takes us back to 4... and the slope at 4 or the derivative was 2/3 so that's what we get for f
'(5) :)
Formula for compound interest is
Interest = Amount - Principal
Interest =
- P
Where r = rate in percent
t = time in years
For Jaina,
P = $300
r= 7%
t = 3 yrs
So, Interest =
- 300
For Tomas
P = $400
r= 4%
t = 3 yrs
So, Interest =
- 400
So pair of equations for Jaina and Tomas are
Interest =
- 300
Interest =
- 400