The standard compound interest formula is
Future value after x years with an annual interest of i
=Present Value (1+i)^x [which is an exponential function]
for given present value of $360. interest=0.03 (3%) and a total of x years, above equation reduces to
Future value after x years
=360(1.03^x)
Answer:
850000
Step-by-step explanation:
0\/4,round down.
5/\9,round up
Answer:
x³+1
Step-by-step explanation:
4x-8 | 4x⁴ - 8x³ + 4x - 8
<u>_4x⁴ - 8x³______</u> <-- x³
4x - 8
<u> 4x - 8</u> <-- 1
0 | x³+1
Therefore, (4x⁴-8x³+4x-8)/(4x-8) = x³+1
