Answer:
16,244.26
Step-by-step explanation:
14,187.13 + (14.5% × 14,187.13) =
14,187.13 + 14.5% × 14,187.13 =
(1 + 14.5%) × 14,187.13 =
(100% + 14.5%) × 14,187.13 =
114.5% × 14,187.13 =
114.5 ÷ 100 × 14,187.13 =
114.5 × 14,187.13 ÷ 100 =
1,624,426.385 ÷ 100 =
16,244.26385 ≈
To get the extrema, derive the function.
You get y' = 2x^-1/3 - 2.
Set this equal to zero, and you get x=0 as the location of a critical point.
Since you are on a closed interval [-1, 1], those points can also have an extrema.
Your min is right, but the max isn't at (1,1). At x=-1, you get y=5 (y = 3(-1)^2/3 -2(-1); (-1)^2/3 = 1, not -1).
Thus, the maximum is at (-1, 5).
7n-4=31
7n=31-4
7n=27
n=27/7
:n=3
It’s equation and it’s really easy to solve
Answer:
Yearly compounding: 7.75% $5,686.85
Quarterly compounding: 7.978% $5,857.78
Monthly compounding: 8.031% $5,898.27
Daily compounding: 8.057% $5,918.20
Step-by-step explanation:
multiply yearly by 14
