Answer:
A).Amount = $218250
B). Amount = $88700
Step-by-step explanation:
A) .$5000 in an account at age 23, and withdraw it 42 years
Number of years t= 42 years
Principal P = $5000
Rate r= 9%
Number of times compounded n= 42
A= p(1+r/n)^(nt)
A= 5000(1+0.09/42)^(42*42)
A= 5000(1+0.002143)^(1764)
A= 5000(1.002143)^1764
A= 5000(43.65)
A= 218250
Amount = $218250
B).waits 10 years before making the deposit, so that it stays in the account for only 32 years
Number of years t= 32 years
Principal P = $5000
Rate r= 9%
Number of times compounded n= 32
A= p(1+r/n)^(nt)
A= 5000(1+0.09/32)^(32*32)
A= A= 5000(1+0.0028125)^(1024)
A= 5000(1.0028125)^1024
A= 5000(17.74)
A= 88700
Amount = $88700
If you solve for x you get:
x=(<span><span><span>5/2)</span>y</span>+<span>10
</span></span>
If you solve for y you get:
y=(<span><span><span>2/5)</span>x</span>−<span>4</span></span>
The equation of the tangent line can be found using slope formula and fact that slope = dy/dx.
where (x0,y0) is point A ---> (0,-1)
Then rearrange equation into slope-intercept form:
Finally sub in x=0 into dy/dx to get slope at the point (0,-1)
Answer: B
Because it does not pass through (0,0)
The answer is 1.
( x = 50)
