Answer:
7 years 11 months
Step-by-step explanation:
The future value formula for the value of a principal P invested at annual rate r compounded n times yearly for t years is ...
FV = P(1 +r/n)^(nt)
For the given numbers, we want to find t:
6000 = 3700(1 +.062/2)^(2t)
Dividing by 3700 and taking the logarithm, we get ...
6000/3700 = 1.031^(2t)
log(60/37) = 2t·log(1.031)
Dividing by the coefficient of t gives ...
t = log(60/37)/(2log(1.031)) ≈ 7.92 . . . . . years
It will take about 7 years 11 months for the investment to grow to $6000.
Answer:
Step-by-step explanation:
(-6, 2) is the absolute minimum. There is no relative minimum.
Answer: the function g(x) has the smallest minimum y-value.
Explanation:
1) The function f(x) = 3x² + 12x + 16 is a parabola.
The vertex of the parabola is the minimum or maximum on the parabola.
If the parabola open down then the vertex is a maximum, and if the parabola open upward the vertex is a minimum.
The sign of the coefficient of the quadratic term tells whether the parabola opens upward or downward.
When such coefficient is positive, the parabola opens upward (so it has a minimum); when the coefficient is negative the parabola opens downward (so it has a maximum).
Here the coefficient is positive (3), which tells that the vertex of the parabola is a miimum.
Then, finding the minimum value of the function is done by finding the vertex.
I will change the form of the function to the vertex form by completing squares:
Given: 3x² + 12x + 16
Group: (3x² + 12x) + 16
Common factor: 3 [x² + 4x ] + 16
Complete squares: 3[ ( x² + 4x + 4) - 4] + 16
Factor the trinomial: 3 [(x + 2)² - 4] + 16
Distributive property: 3 (x + 2)² - 12 + 16
Combine like terms: 3 (x + 2)² + 4
That is the vertex form: A(x - h)² + k, whch means that the vertex is (h,k) = (-2, 4).
Then the minimum value is 4 (when x = - 2).
2) The othe function is <span>g(x)= 2 *sin(x-pi)
</span>
The sine function goes from -1 to + 1, so the minimum value of sin(x - pi) is - 1.
When you multiply by 2, you just increased the amplitude of the function and obtain the new minimum value is 2 (-1) = - 2
Comparing the two minima, you have 4 vs - 2, and so the function g(x) has the smallest minimum y-value.
They would each get 6 dollars and 66 cents :) ♥♥
Answer:
0.611 = 61.1%
Step-by-step explanation:
'Percent (%)' means 'out of one hundred':
p% = p 'out of one hundred',
p% = p/100 = p ÷ 100.
Note:
100/100 = 100 ÷ 100 = 100% = 1
Multiply a number by the fraction 100/100,
... and its value doesn't change.
Calculate the percent value:
0.611 =
0.611 × 100/100 =
(0.611 × 100)/100 =
61.1/100 =
61.1%;
In other words:
1) Multiply that number by 100.
2) Add the percent sign % to it.