3 years ago

Suppose you invest 16000 at 9% interest and that it is compounded daily. How much will you have in 8 years?

1 answer:

5 0

Answer:

Compound interest is calculated by multiplying the initial principal amount by one plus the annual interest rate raised to the number of compound periods minus one.

Step-by-step explanation:

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If f(x) = (1/9)(9^x) what is f(3)

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Answer: The required value of f(3) is 81.

Step-by-step explanation: We are given the following function :

$f(x)=\left(\dfrac{1}{9}\right)9^x~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~(i)$

We are to find the value of f(3).

Substituting x = 3 in equation (i), we get

$f(3)\\\\\\=\left(\dfrac{1}{9}\right)\times9^3\\\\=9^2\\\\=81.$

Thus, the required value of f(3) is 81.

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