For this case, the parent function is given by:
We apply the following transformations:
Vertical translations:
Suppose that k> 0
To graph y = f (x) + k, move the graph of k units upwards:
For k = 9 we have:
Horizontal translations:
Suppose that h> 0
To graph y = f (x-h), move the graph of h units to the right
For h = 4 we have:
Answer:
The function g (x) is given by:
Answer:
The principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Step-by-step explanation:
Given
To determine:
Using the formula
substituting A = 1000000, r = 0.06, t = 45, and n = 12
$
Therefore, the principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.