Answer:
all right angels are congruent
Step-by-step explanation:
Answer:
A(t) = 200+15t(1+0.02)^{t}
Step-by-step explanation:
Since the interest is calculated on the new balance every year.
Hence the formula used for compound interest is:
A = P(1+
^{nt}
where, A =Amount after t years
P =Principal amount
200 is the initial balance and Since, here the $15 is added to the balance each year. Therefore, P = 200+15t
r = rate each year (0.02)
t = time (in years) (t)
n = no. of times the interest is compounded in a year (n=1)
Therefore, the recursive formula is:
A(t) = 200+15t(1+0.02)^{t}
Photo math can help with that
The capital formation of the investment function over a given period is the
accumulated capital for the period.
- (a) The capital formation from the end of the second year to the end of the fifth year is approximately <u>298.87</u>.
- (b) The number of years before the capital stock exceeds $100,000 is approximately <u>46.15 years</u>.
Reasons:
(a) The given investment function is presented as follows;

(a) The capital formation is given as follows;

From the end of the second year to the end of the fifth year, we have;
The end of the second year can be taken as the beginning of the third year.
Therefore, for the three years; Year 3, year 4, and year 5, we have;

The capital formation from the end of the second year to the end of the fifth year, C ≈ 298.87
(b) When the capital stock exceeds $100,000, we have;
![\displaystyle \mathbf{\left[1000 \cdot e^{0.1 \cdot t}} + C \right]^t_0} = 100,000](https://tex.z-dn.net/?f=%5Cdisplaystyle%20%20%5Cmathbf%7B%5Cleft%5B1000%20%5Ccdot%20%20e%5E%7B0.1%20%5Ccdot%20t%7D%7D%20%2B%20C%20%5Cright%5D%5Et_0%7D%20%3D%20100%2C000)
Which gives;




The number of years before the capital stock exceeds $100,000 ≈ <u>46.15 years</u>.
Learn more investment function here:
brainly.com/question/25300925
Yes the ratio would change because it needs 3 times more than the original amount so you would multiply it by 3