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svet-max [94.6K]
3 years ago
12

Matthew is going to invest in an account paying an interest rate of 5-5% compounded

Mathematics
1 answer:
maw [93]3 years ago
4 0

Answer: 86950

Step-by-step explanation:

You might be interested in
Given f(x) = x² - 10x + 22, what is the range of f?
adoni [48]

Answer:

[-3, ∞)

Step-by-step explanation:

There are many ways to find the range but I will use the method I find the easiest.

First, find the derivative of the function.

f(x) = x² - 10x + 22

f'(x) = 2x - 10

Once you find the derivative, set the derivative equal to 0.

2x - 10 = 0

Solve for x.

2x = 10

x = 5

Great, you have the x value but we need the y value. To find it, plug the x value of 5 back into the original equation.

f(x) = x² - 10x + 22

f(5) = 5² - 10(5) + 22

      = 25 - 50 +22

      = -3

Since the function is that of a parabola, the value of x is the vertex and the y values continue going up to ∞.

This means the range is : [-3, ∞)

Another easy way is just graphing the function and then looking at the range. (I attached a graph of the function below).

Hope this helped!

6 0
3 years ago
You have $5600. The best interest rate you can find is 3%
EleoNora [17]

Answer:

18 years

Step-by-step explanation:

The formula for computing accrued amount A for a principal of P at an interest rate of r(in decimal) compounded n times in a year for t years is given by

A = P(1 + \frac{r}{n})^{nt}

Note that r is percentage converted to decimal. So 3% = 3/100 = 0.03

We can rearrange the above equation to:

\frac{A}{P} = (1 + \frac{r}{n})^{nt}

Taking logs on both sides

log(\frac{A}{P}) = log(1 + \frac{r}{n})^{nt}

This gives

log(\frac{A}{P}) =nt \times log(1 + \frac{r}{n})\\So,\\nt = \frac{log(\frac{A}{P})}{ log(1 + \frac{r}{n})}

In this particular problem, n = 4, , A= 9600, P = 5600, r =0.03, so r/n = 0.03/4 = 0.0075

1 + r/n = 1+0.0075 = 1.0075

4t = log(9600/5600)/log(1.0075) = log(1.714) / log(1.0075) = 0.234 /0.00325 = 72

t = 72/4 = 18 years

4 0
2 years ago
Which expression is equivalent to 64x^3-343
In-s [12.5K]

Answer:

B:  (4x - 7)(16x^2 + 28x + 49)

Step-by-step explanation:

64x^3-343 can be rewritten as 4^3x^3 - 7^3 or (4x)^3 - 7^3.  This is the difference of two cubes.  The appropriate formula for factoring such is

       a^3 - b^3 = (a - b)(a^2 + ab + b^2).  Therefore,

our (4x)^3 - 7^3 = (4x - 7)(16x^2 + 28x + 49).  This is Answer B.

4 0
3 years ago
What is 76.78 rounded to the nearest whole number?
galben [10]
Lets look at the number. 76.78. In each of the different place holders the number is higher than 5. Lets do some examples. 74 rounded to the nearest whole number is going to be 70. 76 rounded to the whole number will be 80. The .78 in your question also contributes. 

Answer: 80
6 0
3 years ago
Read 2 more answers
5.45 times what is 65 real urgent
Sonbull [250]
Opposite operation of multiplication = division. 
65/5.45 = 11.93
Simply divide 65 by 5.45
8 0
4 years ago
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