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expeople1 [14]
3 years ago
9

Identify the function shown in this graph.

Mathematics
2 answers:
ryzh [129]3 years ago
6 0

Answer:

there is no graph sorry but i cant answer

Scilla [17]3 years ago
5 0

Answer:

it would help if there was a graph

Step-by-step explanation:

need graph

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Carlos deposited $7,924 into a savings account 30 years ago. The account has an interest rate of 4.6% and the balance is current
exis [7]

Answer:

n = 1, this means the interest compounds ANNUALLY.

Step-by-step explanation:

Carlos deposited $7,924 into a savings account 30 years ago. The account has an interest rate of 4.6% and the balance is currently $30,541.83. How often does the interest compound?

Compound Interest Formula

: A = P(1 + r/n)^nt

A = Amount after time t

P = Principal (Initial Amount Invested)

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n = Number of times the interest is compounded

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Hence,

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Divide both sides by 7924

$30,541.93/$7924 = (1 + 0.046/n)^30n

$30,541.93/$7924 = (n + 0.046/n)^30n

3.8543576477 = (n + 0.046/n)^30n

We take the logarithm of both sides

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Solving for n,

n = 1

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Step-by-step explanation:

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