Absolute value functions are v-shaped. I hthink the turning point you're referring to is the vertex. This is where the inside of the absolute value is zero.
f(x) = |x+2|
0 = x+2
-2 = x
vertex (-2,0)
Answer:
First, we need to find the amount of dip that was divided amount the two friends.
We know that it is 4/7 of the left dip
therefore:
amount divided among the two friends = (4/7) x (3/4) = 3/7 of the original amount of dip.
This amount is divided among two friends,
therefore:
amount that each friend gets = (3/7) / (2) = 3/14 = 0.2 of the amount of dip
tell me if this is completely wrong because i'm not good at this
The future value of a monthly deposit A=125.30 at annual interest i=0.015 per annum for n=35 years compounded monthly is given by
FV=A((1+i/12)^(12*n)-1)/(i/12)
=125.30(1+0.015/12)^(12*35)/(0.015/12)
=$69156.05
The annuity formula is given by
Payment = r(PV)/(1-(1+r)^(-n))
where
r=interest rate per period = 0.015/12
PV= $69156.05
n=20*12=240
so
Payment = (0.015/12)<span>69156.05/(1-(1+0.015/12)^(-240))
= $333.71 per month.</span>
