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trapecia [35]
3 years ago
9

Function or not a Function?

Mathematics
1 answer:
iogann1982 [59]3 years ago
6 0

Answer:

not a function

Step-by-step explanation:

the input of K is used more than once

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We are given the following information

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As you can see, the number of compoundings is incorrect (3 vs 4)

The interest rate is also incorrect.

Let us substitute the given values into the above formula

\begin{gathered} V(t)=P(1+\frac{r}{n})^{nt} \\ V(t)=5200(1+\frac{0.042}{4})^{4\cdot27.7} \\ V(t)=5200(1+0.0105)^{110.8} \\ V(t)=5200(1.0105)^{110.8} \\ V(t)=\$16543.5^{} \end{gathered}

Therefore, the final amount is approximately $16,543.5

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