What is the resulting balance of $3,500 at 4% compounded annually for 8 years?
1 answer:
You might be interested in
Answer:
the y-value of the vertex = 1,125
Step-by-step explanation:
The table is as shown at the attached figure.
By graphing values in an x-y plane and observe the graph.
From the illustration, locate the vertex. The vertex of the parabola is (5, 1,125). So, the y-value of the vertex of the parabola that models the data is 1,125.
See the graph between x and y.
