Hello,
You have to know this property:
You have to know this property:
One out of every 5 students forgot a to bring a pencil to math class today.
2 answers:
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The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
Step-by-step explanation:
The given is,
Compounds money quarterly
Double your money in 10 years
Step:1
Formula to calculate future investment with compounded quarterly,
...............................(1)
Where, A - Future amount
P - Initial investment\
r - Rate of interest
n - No. of compounding in a year
t - No. of years
Step:2
Let, P = X
A = 2X ( Double your money )
From given, n - 4 ( for compounding quarterly )
t - 10 years
From equation (1)
Take root root on both side,
r = 6.992 %
Result:
The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
Answer:
(-5, 0) ∪ (5, ∞)
Step-by-step explanation:
I find a graph convenient for this purpose. (See below)
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When you want to find where a function is increasing or decreasing, you want to look at the sign of the derivative. Here, the derivative is ...
f'(x) = 4x^3 -100x = 4x(x^2 -25) = 4x(x +5)(x -5)
This has zeros at x=-5, x=0, and x=5. The sign of the derivative will be positive when 0 or 2 factors have negative signs. The signs change at the zeros. So, the intervals of f' having a positive sign are (-5, 0) and (5, ∞).
