Let f be a function such that f(2) ≤ f(x) for all values of x in the interval (0, 3). Does f(2) represent a relative minimum or
1 answer:
Answer: f(2) is a relative minimum
This is because f(2) is the lowest y output for any given y = f(x) output on the interval which is what the interval notation (0,3) indicates.
Draw out a "parabolic" like shape where the lowest point occurs at (2, f(2)), where f(2) is unknown, but we at least know that x = 2. I put "parabolic" in quotes because it may not be a true parabola, but it looks like one. This lowest point only applies for the neighbor hood .
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Total = Principal * [1 + (rate/n)]^n*years
Where "n" is the compounding periods per year
Total = 12,000 * (1+(.05/4))^(4*4)
Total = 12,000 * (1.0125)^(16)
Total = 12,000 * <span> <span> <span> 1.2198895477 </span> </span> </span> <span> </span>
Total = <span> <span> </span></span><span><span><span>14,638.67</span>
</span> </span>
Where "n" is the compounding periods per year
Total = 12,000 * (1+(.05/4))^(4*4)
Total = 12,000 * (1.0125)^(16)
Total = 12,000 * <span> <span> <span> 1.2198895477 </span> </span> </span> <span> </span>
Total = <span> <span> </span></span><span><span><span>14,638.67</span>
</span> </span>