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horrorfan [7]
3 years ago
8

What is the equation of the line that represents the horizontal asymptote of the function f(x)=25,000(1+0.025)^(x)?

Mathematics
1 answer:
posledela3 years ago
5 0

Answer:

The answer is below

Step-by-step explanation:

The horizontal asymptote of a function f(x) is gotten by finding the limit as x ⇒ ∞ or x ⇒ -∞. If the limit gives you a finite value, then your asymptote is at that point.

\lim_{x \to \infty} f(x)=A\\\\or\\\\ \lim_{x \to -\infty} f(x)=A\\\\where\ A\ is\ a\ finite\ value.\\\\Given\ that \ f(x) =25000(1+0.025)^x\\\\ \lim_{x \to \infty} f(x)= \lim_{x \to \infty} [25000(1+0.025)^x]= \lim_{x \to \infty} [25000(1.025)^x]\\=25000 \lim_{x \to \infty} [(1.025)^x]=25000(\infty)=\infty\\\\ \lim_{x \to -\infty} f(x)= \lim_{x \to -\infty} [25000(1+0.025)^x]= \lim_{x \to -\infty} [25000(1.025)^x]\\=25000 \lim_{x \to -\infty} [(1.025)^x]=25000(0)=0\\\\

Since\  \lim_{x \to -\infty} f(x)=0\ is\ a\ finite\ value,hence:\\\\Hence\ the\ horizontal\ asymtotes\ is\ at\ y=0

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Answer:

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Step-by-step explanation:

GIVEN: Daniel invests \$2,037 in a retirement account with a fixed annual interest rate of 6\% compounded 6 times per year.

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