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klemol [59]
3 years ago
10

A

Mathematics
1 answer:
sweet [91]3 years ago
5 0

Answer:

Intital investment= £6,911.57

Step-by-step explanation:

Giving the following information:

Future Value (FV)= £8,001

Number of periods (n)= 3 years

Interest rate (i)= 5% = 0.05 compounded annually

<u>To calculate the initial investment (PV) needed to reach £8,001 (over £8,000) in 3 years, we need to use the following formula:</u>

PV= FV / (1+i)^n

PV= 8,001 / (1.05^3)

PV= £6,911.57

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The domain and range of the given function are equal to (0, 3.85) and (0, 18.75) respectively.

<h3>How to calculate the domain of the function?</h3>

In this exercise, you're given the following function h(t) = -4.87t² + 18.75t. Next, we would equate the function to zero (0) to determine its domain as follows:

0= -4.87t² + 18.75t.

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Therefore, the domain is 0 ≤ t ≤ 3.85 or (0, 3.85).

<h3>How to calculate the range of the function?</h3>

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Therefore, the range is 0 ≤ h ≤ 18.05 or (0, 18.75).

Read more on domain here: brainly.com/question/17003159

#SPJ1

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