If we put money in an investment that increases 14% each year. What would be the multiplier?
1 answer:
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1. Balance after 1 year with simple interest= 600 + (2.5 x 12) = 600 + 30 = $630
2. Balance after 1 year with compounded interest = P ( 1 +
= 600 ( 1 + = 600 (1.0511) = $630.66 = approx. $630
Given:
The function is:
To find:
The domain of the given function.
Solution:
Domain is the set of input values.
We have,
It is a quadratic polynomial.
We know that a quadratic polynomial is defined for all real values of x. So, the given function is defined for all real values of x and the domain of the given function is:
Domain = Set of all real number
Domain = (-∞,∞)
Therefore, the correct option is B.