The graph of a non-invertible function passes through the points (- 1, 2), (0, 6) and (3, - 4) How is the inverse of this functi
on graphed ? Drag a phrase or group of coordinates into each box to correctly complete the statement.
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The amount of interest Molly will earn after 5 years on a deposit of compounded annually over 5 years is
First, we need to find the future value of her investment, then we subtract the original deposit from it to get the amount of interest she will get at the end of 5 years.
The future value of an investment that is compounded annually is given by
where
Substituting the available values into the formula and solving
The interest Molly will earn after 5 years is
Therefore, the amount of interest Molly will earn after 5 years on a deposit of compounded annually over 5 years is
Learn more about compound interest here: brainly.com/question/21270833
#1
- Solve the Bracket