Answer:
Suppose that a couple invested $50,000 in an account when their child was born, to prepare for the child's college education. If the average interest rate is 4.4% compounded annually, ( A ) Give an exponential model for the situation, and ( B ) Will the money be doubled by the time the child turns 18 years old?
( A ) First picture signifies the growth of money per year.
( B ) Yes, the money will be doubled as it's maturity would be $108,537.29.
a = p(1 + \frac{r}{n} ) {}^{nt}a=p(1+
n
r
)
nt
a = 50.000.00(1 + \frac{0.044}{1} ) {}^{(1)(18)}a=50.000.00(1+
1
0.044
)
(1)(18)
a = 50.000.00(1 + 0.044) {}^{(1)(18)}a=50.000.00(1+0.044)
(1)(18)
a = 50.000.00(1.044) {}^{(18)}a=50.000.00(1.044)
(18)
50,000.00 ( 2.17074583287910578440507440 it did not round off as the exact decimal is needed.
a = 108.537.29a=108.537.29
Step-by-step explanation:
Hope This Help you!!
Answer:
x = -1/2 and -2
Step-by-step explanation:
Solve for <em>x</em>: Move all terms to the left side and set equal to zero. Then set each factor equal to zero.
Using the quadratic formula: Solve the equation for x by finding a, b, and c of the quadratic then applying the quadratic formula.
Answer:
In your console (ctrl + shift + j), the letter a would appear. Beneath that, the letter c would appear.
Step-by-step explanation:
This is because the val2 is not less than or equal to 3. The second condition that's inside the first condition is true but since the first condition is false, the second condition would not run.
