Answer:
27 years
Step-by-step explanation:
The formula for the number of payments can be used:
N = -log(1 +0.05(1 -1000000/65000))/log(1.05) +1 = 27.03
There will be a couple thousand dollars left after the 27th payment.
The winnings will last 27 years.
Answer:
Here is the answer hope it helps:)
Answer:
Step-by-step explanation:
To find f(a), replace x with a: f(a)=6−1a+15a^2
To find f(a+h), replace x with (a+h): f(a+h) = 6 -(a + h) + 15(a+h)^2
To find f(a+h)−f(a), expand f(a+h) as given above, and then subtract f(a):
f(a+h)−f(a) = 6 -a - h + 15(a^2 + 2ah + h^2) - [6 - a + 15a^2]
6 - a - h + 15a^2 + 30ah + 15h^2 - [6 - a + 15a^2]
This simplifies to: f(a+h)−f(a) = - h + 30ah + 15h^2