Answer:
the answer depends on which type of interest we use:
- simple interest rate = 24%
- compound interest rate = 26.82%
Step-by-step explanation:
the interest rate paid for holding the cards one month 1/50 or 2%.
to convert 2% monthly interest rate to a simple annual rate:
monthly rate x 12 months = 2% x 12 = 24%
now to convert 2% monthly interest rate to an annual rate (using compound interest):
- = (1 + r)ⁿ - 1
- = (1 + 0.02)¹² - 1 = 1.2682 - 1 = 0.2682 or 26.82%
in compound interest, earned interest earns even more interest by itself besides the interest earned by the principal.
The table says that the x value represents the number the years since 1985. To find the number of bald eagle pairs in 1998, we need to calculate x:
1998 - 1985 = 13
Now plug 13 in for x to find y:
y = 312.5(13) + 1562.5
y = 5625
Answer:
(1, 2)
Step-by-step explanation:
x2-x1/2, y2-y1/2
Plug in the values, and you should get (1, 2)
As is the case for any polynomial, the domain of this one is (-infinity, +infinity).
To find the range, we need to determine the minimum value that f(x) can have. The coefficients here are a=2, b=6 and c = 2,
The x-coordinate of the vertex is x = -b/(2a), which here is x = -6/4 = -3/2.
Evaluate the function at x = 3/2 to find the y-coordinate of the vertex, which is also the smallest value the function can take on. That happens to be y = -5/2, so the range is [-5/2, infinity).
