The answer is B my friend
So your present value is 7750. this is what you have now. they give you the intesrest rate which is 4% and how the amount of year is 5.
recall the formula for a compounded continously is
P×e^(r×t)
the answer is 7750×e^(.04×5)
17/8 or 2 1/8 this is correct I am pretty sure your welcome for the help man
Answer:
Option (4)
Step-by-step explanation:
From the graph attached,
A, B and C are the points based at the heights and valleys of the given curve.
y-coordinates of these points always decide, whether the point is a local maxima or local minima.
y-coordinate of A → -4
y-coordinate of B → 0
y-coordinate of C → -4
Ends of the curve are moving towards infinity, so the absolute maximum is not defined.
Local minimum → -4
Local maximum → 0
Therefore, point representing local maximum is B(0, 0).
Points representing local minimum are A(-2, -4) and C(2, -4).
Option (4) will be the correct option.