The future value (A) of a one-time investment of principal amount P at interest rate r compounded n times per year for t years is ...
... A = P(1 +r/n)^(nt)
Putting your given numbers into the formula, we have
... 876.34 = 300(1 +.06/4)^(4t)
Taking logarithms, this becomes the linear equation
... log(876.34) = log(300) + 4t·log(1.015)
Solving for t in the usual way, we get
... log(876.34) -log(300) = 4t·log(1.015) . . . . . . . subtract the constant term on the right
... (log(876.34) -log(300))/(4·log(1.015)) = t ≈ 18.00 . . . . divide by the coefficient of t
It will take <em>18 years</em> for the $300 CD to reach a value of $876.34.
Answer:
She Can Buy 9 tiles before it goes over the price of the other store
Step-by-step explanation:
I multiplied 1.89 times 9 and I got the answer
Answer:
Tyler.
Step-by-step explanation:
Answer:
Below in bold.
Step-by-step explanation:
A. −16x2 + 24x + 16 = 0
-8(2x2 - 3x - 2) = 0
-8(2x + 1 )(x - 2) = 0
x = -0.5, 2.
So the x-intercepts are (-0/5, 0) and (2, 0).
B. As the leading coefficients is negative (-16) the vertex of the graph will be a Maximum.
To find its coordinates we convert the function to vertex form:
f(x) = −16x2 + 24x + 16
= -16(x^2 - 1.5x) + 16
Completing the square on contents of the parentheses:
= -16 [(x - 0.75)^2 - 0.75^2] + 16
= -16(x - 0.75)^2 - 16 * -0.75^2 + 16
= -16(x - 0.75)^2 + 9 + 16
= -16(x - 0.75)^2 + 25.
So the coordinates of the vertex are (0.75, 25)
Answer:
1/2
Step-by-step explanation:
Since we have two points, we can use the slope formula
m = (y2-y1)/(x2-x1)
= (22-21)/(6-4)
= 1/2
