How much principal must be deposited in a 5 year simple interest account that pays 4,75% interest to earn $500 in interest
1 answer:
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• The value of the discriminant ,D= -16
,• The solution to the quadratic equation is
Step - by - Step Explanation
What to find?
• The discriminant d= b² - 4ac
,• The solution to the quadratic equation.
Given:
5x² - 2x + 1=0
Comparing the given equation with the general form of the quadratic equation ax² + bx + c=0
a=5 b=-2 and c=1
Uisng the quadratic formula to solve;
The discriminant D=b² - 4ac
Substitute the values into the discriminant formula and simplify.
D = (-2)² - 4(5)(1)
D = 4 - 20
D = -16
We can now proceed to find the solution of the quadratic equation by substituting into the quadratic formula;
Note that:
√-1 = i
That is;