Perform the following
2 answers:
You might be interested in
Answer:
The value of first coin will be $151.51 more than second coin in 15 years.
Step-by-step explanation:
You have just purchased two coins at a price of $670 each.
You believe that first coin's value will increase at a rate of 7.1% and second coin's value 6.5% per year.
We have to calculate the first coin's value after 15 years by using the formula
Where A = Future value
P = Present value
r = rate of interest
n = time in years
Now we put the values
A = (670)(2.797964)
A = 1874.635622 ≈ $1874.64
Now we will calculate the value of second coin.
A = 670 × 2.571841
A = $1723.13
The difference of the value after 15 years = 1874.64 - 1723.13 = $151.51
The value of first coin will be $151.51 more than second coin in 15 years.
Composing functions means that the input of the outer functions is the output of the inner function.
In fact, you can rewrite the circle notation as
So, we can substitute g(x) with its expression:
And since f(x)=x+5, we simply have to add 5 to its input:
Similarly, we have, substituting f with its expression,
And since g(x)=4x+2, we have to multiply the input by 4 and add 2: