Answer:
Step-by-step explanation:
Given
The given equation is
There are two functions i.e.
Their intersection gives the solution of the above function
From the graph, we can see that both the graph intersects at two different points i.e. at
Use the grouping method to factor the polynomial below completely. x3 - 3x2 + 5x - 15
1 answer:
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We are given the following information
Investment = $5200
Annual interest rate = 4.2% = 0.042
Final amount = $16,500
Number of years = 27.7 years
Number of compoudings = quartely = 4
The student uses the following model
The general formula for compound interest is given by
As you can see, the number of compoundings is incorrect (3 vs 4)
The interest rate is also incorrect.
Let us substitute the given values into the above formula
Therefore, the final amount is approximately $16,543.5