Your answer:
20% of 28.35 is 5.67. 6.25% of 28.35 is 1.77. Add 28.35, 5.60, and 1.77 to get the final total of $35.79
Option B: 1.6 s.
Although the equation is not included, you can obtain it by physical considerations
H(t) = -16.t^2 + 52t + 16
The maximum point is at the vertex and the vertex is in the middle of the roots.
The roots are when H(t) = 0,
So you have to solve 0 =-16t^2 + 52t + 16
Use the quadratic formula and you will find t = 3.53 and t =-0.28
Then the vertex is at the middle point = (3.53 -.028)/2 =1.63 s and the answer is option B: 1.6 s.
Interest rate risks would be most relevant to a large purchase like a house, car, or student loans.
Answer: 8.66
Hope this helps =)
