The future value of $1,000 invested at 8% compounded semiannually for five years is
<u>Solution:</u>
----------- equation 1
A = future value
P= principal amount
i = interest rate
n = number of times money is compounded
P = 1000
i = 8 %
(Compounding period for semi annually = 2)
Dividing “i” by compounding period
Solving for future value using equation 1
Answer:
( , 0 )
Step-by-step explanation:
To find the x- intercepts let y = 0, that is
2x² + 3x - 2 = 0
Consider the factors of the product of the coefficient of the x² term and the constant term which sum to give the coefficient of the x- term.
product = 2 × - 2 = - 4 and sum = + 3
The factors are + 4 and - 1
Use these factors to split the x- term
2x² + 4x - x - 2 = 0 ( factor the first/second and third/fourth terms )
2x(x + 2) - 1 (x + 2) ← factor out (x + 2) from each term
(x + 2)(2x - 1) = 0
Equate each factor to zero and solve for x
x + 2 = 0 ⇒ x = - 2
2x - 1 = 0 ⇒ 2x = 1 ⇒ x =
The x- intercepts are (- 2, 0 ), ( , 0 )
