Answer:
$5903.39
Step-by-step explanation:
This can be solve using compound interest formula. The formula is:
Where
F is the future amount (what we are looking for)
P is the present amount (which is 4800)
r is the rate of compound interest per year, in decimal (3% per year, 3/100 = 0.03)
t is the time in years ( t = 7)
Now we substitute these values into the formula and find F:
So, Colin would have $5903.39 after 7 years, in his account.
Answer:
that is the solution to the question
We are given the following function:
f(x) = 4/(x+2) - 2
We are asked to determine the inverse of this function. To do that we will first change the "f(x)" for "y":
Now we will switch "x" and "y", like this:
Now we will solve for "y", first by adding 2 to both sides:
Now we multiply both sides by "y+2":
Now we divide both sides by "x+2":
Now we subtract 2 to both sides:
Now we change "y" for the inverse of f(x), that is:
And thus we found the inverse. A similar procedure can be used for function 2.