Find the ending balance: $3,000 for 30 years 3.5% annual simple interest
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Answer:
Step-by-step explanation:
Since the foci are at(0,±c) = (0,±63) and vertices (0,±a) = (0,±91), the major axis is the y- axis. So, we have the equation in the form (with center at the origin) .
We find the co-vertices b from b = ±√(a² - c²) where a = 91 and c = 63
b = ±√(a² - c²)
= ±√(91² - 63²)
= ±√(8281 - 3969)
= ±√4312
= ±14√22
So the equation is