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:
(6x²-11x) that's the answer :)
Ok so logically it would be the blue which is consistently low and unlike the others doesn't get any spikes of interst so BLUE.
Answer:
Step-by-step explanation:
Let two consecutive odd numbers
x, x+2
According to condition
X(x+2) = 899
x2 +2x -899=0
X2 +31x -29x -899=0
x(x+31) -29(x+31)=0
(x+31)(x-29)=0
X=-31 or x =29
Now,
X=29
X+2= 29+2 = 31
Two consecutive odd numbers is 29 and 31
