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Masteriza [31]
2 years ago
10

The fitness center needs $125,000 in five years for more workout machines. Find the total interest earned if payments are made a

t the end of each quarter with interest at 6% compounded quarterly.
Mathematics
1 answer:
Sergio039 [100]2 years ago
3 0

Answer:

$38,562.5

Step-by-step explanation

Using the compound interest formula

A = P(1+r/n)^nt

P is the principal = $125,000

r is the rate = 6% = 0.06

time t  = 5years

n = 0.25 (quarterly payment)

Substitute

A = 125000(1+0.06/0.25)^5(0.25)

A = 125000(1+ 0.24)^1.25

A = 125000(1.24)^1.25

A = 125000(1.3085)

A = 163,562.5

Hence the interest earned = 163,562.5 - 125000

interest earned = $38,562.5

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Answer: F(x) = 2*sin(x/10  +(3/2)*pi) + 5

Step-by-step explanation:

The information that we have is that:

We have a minimum at (0, 3)

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This is a sinusoidal function, so we can write one generic one as:

F(x) = A*sin(c*x + p) + B.

where A and B are constants, c is the frequency and p is a phase

First, the minimum of the sine function is when sin(x) = -1, and this happens at (3/2)*pi

We know that this minimum is at x = 0.

sin(c*0 + p) = -1

Then p = 3/2*pi.

So our function is:

F(x) = A*sin(c*x  +(3/2)*pi) + B.

Now, we know that F(0) = 3, so:

3 = A*sin(c*0 +(3/2)*pi) + B = -A + B.

now we can use the other hint, the midpoint of the sine function is when sin(x) = 0, and this happens at x = 0 and x = pi, particularlly as we here have a phase of 3/2*pi, we should find x = 2*pi.

then:

c*5*pi + (3/2)*pi = 2*pi

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So our function is

F(x) = A*sin(x/10  +(3/2)*pi) + B

and we know that when x = 5*pi, F(5*pi) = 5, so:

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and we aready knew that:

- A + B = 3

-A + 5 = 3

A = 5 - 3 = 2

So our equation is:

F(x) = 2*sin(x/10  +(3/2)*pi) + 5

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