Answer:
6.517%
Step-by-step explanation:
This is a multi-year investment and we are not working with a $1 initial investment. There is no mention of compounding so we will use formula A=P0⋅(1+r)N with A=$18,434 and P0=$14,320. We do not know the value of r. However, N=4 years. Substituting the values we have $18,434=$14,320⋅(1+r)4. Divide both sides of the equation by $14,320. Next, take the fourth root of both sides of the equation and subtract 1 to find the decimal form of r.
$18,4341.287291.065170.06517=$14,320⋅(1+r)4=(1+r)4=1+r=r
Finally, convert r to a percent.
r=0.06517×100%=6.517%
Answer:
.
Step-by-step explanation:
Answer:
The standard form of a quadratic is y = ax^2 + bx + c.
- In this equation, the formula for the axis of symmetry is x =
. - You know that the center will always be along that line, and you've got the x-coordinate already, so just plug that in and get the y-coordinate out for the center.
The vertex form of a quadratic is also helpful, y = a(x-h)^2 + k.
- In this equation, the formula for the center is (h, k), and the axis of symmetry is x = h! That's even easier!