Answer:
Horizontal asymptote of the graph of the function f(x) = 25/1+4x is y=0
Step-by-step explanation:
I attached the graph of the function. Graphically it can be seen that the horizontal asymptote of the graph of the function is y=0. There is also a <em>vertical</em> asymptote at x=-1/4
When denominator's degree (1) is higher than nominator's degree (0) then the horizontal asymptote is y=0
Answer:
$57,369
Step-by-step explanation:
We have been given that an amount of $53,000 is placed in an investment account that grows at a fixed rate of 2% (compound growth) per year. We are asked to find the amount in the account after 4 years.
To solve our given problem we will use compound interest formula.\
, where,
A = Final amount after t years,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Let us convert our given rate in decimal form.
Upon substituting our given values in compound interest formula we will get,
Therefore, an amount of $57,369 will be in the account after 4 years.