How can polynomials be applied to financial situations?

2 answers:

7 0

In financial planning, polynomials are used to calculate interest rate problems that determine how much money a person accumulates after a given number of years with a specified initial investment.

cestrela7 [59]3 years ago

4 0

In financial planning, polynomials are used to calculate interest rate problems that determine how much money a person accumulates after a given number of years with a specified initial investment.

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How do you solve this

AlladinOne [14]

Answer:

domain: all terms are defined for all real numbers
solution: x = 6

Step-by-step explanation:

Rewrite the equation as a single exponential. After taking the log, the solution becomes obvious.

$5^{x-2}-7^{x-3}=7^{x-5}+11\cdot 5^{x-4}\\\\5^{x-2}-11\cdot 5^{x-4}=7^{x-3}+7^{x-5}\\\\5^{x-2}(1-11\cdot 5^{-2})=7^{x-3}(1+7^{-2})\\\\5^{x-2}\dfrac{14}{25}=7^{x-3}\dfrac{50}{49}\\\\1=\dfrac{2\cdot 7^{x-3}5^4}{2\cdot 5^{x-2}7^3}=\left(\dfrac{7}{5}\right)^{x-6}\\\\0=(x-6)\log(1.4)\\\\x=6$