Does anyone know the answer

$~~~~~~ \textit{Simple Interest Earned} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\\ P=\textit{original amount deposited}\dotfill & \$10000000\\ r=rate\to 2.12\%\to \frac{2.12}{100}\dotfill &0.0212\\ t=years\dotfill &1 \end{cases} \\\\\\ I = (10000000)(0.0212)(1)\implies \boxed{I=212000}$

$~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$10000000\\ r=rate\to 2.12\%\to \frac{2.12}{100}\dotfill &0.0212\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{daily, thus 365} \end{array}\dotfill &365\\ t=years\dotfill &1 \end{cases}$

$A=10000000\left(1+\frac{0.0212}{365}\right)^{365\cdot 1}\implies A\approx 10214256.88 \\\\\\ \underset{\textit{earned interest amount}}{10214256.88~~ - ~~10000000 ~~ \approx ~~ \boxed{214256.88}}$

what's their difference? well

$\stackrel{\textit{compounded daily}}{\approx 214256.88}~~ - ~~\stackrel{\textit{simple interest}}{212000}\implies \boxed{2256.88}$

7 0

1 year ago

What is the range of the function f(x) = 3x2 + 6x – 8?

timama [110]

Answer:

Range is {y | y ≥ –11}

Step-by-step explanation:

This is quadratic equation.

<em>A quadratic equation's range can be found if we find the vertex.</em>

For quadratic equations that have a positive number in front of $x^{2}$ , it is upward opening and thus <u>all the numbers greater than or equal to the minimum value of vertex is the range.</u>

The formula for vertex of a parabola is:

Vertex = $(-\frac{b}{2a}, f(-\frac{b}{2a})$

Where,

$a$ is the coefficient of $x^{2}$
$b$ is the coefficient of $x$

From our equation given, $a=3$ and $b=6$

Now, $x$ coordinate of vertex is $x=-\frac{b}{2a}\\x=-\frac{6}{(2)(3)}\\x=-\frac{6}{6}\\x=-1$

$y$ coordinate of the vertex IS THE MINIMUM VALUE that we want. We get this by plugging in the $x$ value [ $x=-1$ ] into the equation. So we have:

$3(-1)^{2}+6(-1)-8\\=-11$

Hence, the range would be all numbers greater than or equal to $-11$

Third answer choice is the right one.

6 0

2 years ago

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