Answer:
$268.78
Step-by-step explanation:
We will use the compound interest formula to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
First, change 3% into its decimal form:
3% -> -> 0.03
Now, plug in the values:
After 10 years, you will have $268.78
Answer:
We can define a horizontal dilation/contraction of scale factor A, as:
g(x) = f(x*A)
if A > 1, this will be a contraction (it will be steeper)
if 0 < A < 1, this will be a dilation. (it will be less steep)
Then if we have:
g(x) = f(6*x) we have a contraction of scale factor 6, this means that the graph of the parent function will be contracted.
Below, you can see how the graphs change, where:
Blue is f(x) =x
green is g(x) = f(6*x) = 6*x
