The change in inventories,a component of aggregate supply, comprises roughly what percentage of the GDP
1 answer:
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Given the next quadratic function:
to sketch its graph, first, we need to find its vertex. The x-coordinate of the vertex is found as follows:
where <em>a</em> and <em>b</em> are the first two coefficients of the quadratic function. Substituting with a = 2 and b = 3, we get:
The y-coordinate of the vertex is found by substituting the x-coordinate in the quadratic function, as follows:
The factorization indicates that the curve crosses the x-axis at the points (-2, 0) and (1/2, 0). We also know that the curve crosses the y-axis at (0,-2). Connecting these points and the vertex (-0.75, -3.125) with a U-shaped curve, we get:
Answer:
The sum is 493.4
Step-by-step explanation:
In order to find the value of the sum, you have to apply the geometric series formula, which is:
where i is the starting point, n is the number of terms, a is the first term and r is the common ratio.
The finite geometric series converges to the expression in the right side of the equation. Therefore, you don't need to calculate all the terms. You can use the expression directly.
In this case:
a=40
b= 1.005
n=12 (because the first term is 40 and the last term is 40(1.005)^11 )
Replacing in the formula:
Solving it:
The sum is 493.4