Solve the problem. Find the amount of money in an account after 12 years if $4700 is deposited at 5% annual interest compounded
1 answer:
Answer:
The correct answer is $8532.17
Step-by-step explanation:
The formula for calculating investments with compound interests is as follows:
Where:
R is the annual interest rate,
t is the number of times the investment is to be compounded in a year,
n is the number of years,
P is the principal amount invested.
Replacing in the formula with the given values you have:
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The factored form of the related polynomial is (x - 1)(x - 9)
<h3>How to determine the factored form of the related polynomial?</h3>In this question, the given parameter is the attached graph
From the graph, we can see that the curve crosses the x-axis at two different points
These points are the zeros of the polynomial function.
From the graph, the points are
x = 1 and x = 9
Set these points to 0
x - 1 = 0 and x - 9 = 0
Multiply the above equations
(x - 1)(x - 9) = 0
Remove the equation
(x - 1)(x - 9)
Hence, the factored form of the related polynomial is (x - 1)(x - 9)
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