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anastassius [24]
2 years ago
8

WILL GIVE BRAINLIEST Mr. and Mrs. Bailey hope to send their son to college in eleven years. How much money should they invest no

w at an interest rate of 9% per year, compounded continuously, in order to be able to contribute $7500 to his education?
Do not round any intermediate computations, and round your answer to the nearest cent.
Mathematics
1 answer:
Ronch [10]2 years ago
7 0

Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.

<h3>Compound interest</h3>

Compound interest is given by:

A=P(1+\frac{r}{n})^{nt}

where A is the amount after t years, P is initial amount, r is the rate and n is the times compounded per period

Given that n = 1, r = 9% = 0.09, A = $7500 t = 11. Hence:

7500=P(1+\frac{0.09}{1} )^{1*11}\\\\P=\$2906.50

Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.

Find out more on Compound interest at: brainly.com/question/24924853

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Given the function f(x) = x2 and k = 3, which of the following represents the graph becoming more narrow?
Bess [88]
Functions A and C and D are translations - this means that they are exactly the same shape as f(x), but are displaced on the axes. A translation in the y-direction by k units is represented by f(x) + k, and a translation in the x-direction by k units is represented by f(x - k). This can be summarised in column vector notation:

A translation of the graph y = f(x), by the vector \left[\begin{array}{ccc}a\\b\end{array}\right] results in the graph defined by y - b = f(x - a). This is done by replacing x with (x - a) and y with (y - b). Finally it is rearranged to make y the subject, as is often the convention: y = f(x - a) + b.

Since the graph needs to change shape, this requires a 'stretch'. A stretch is performed by multiplying x or y by a constant, which here is k.

To stretch in the x-direction by a factor n, replace x with (1/n)x. Similarly to stretch in the y-direction by a factor n, replace y with (1/n)y.

For example to stretch y = f(x) by factor n in the x-direction, it would become y = f((1/n)x).

A simple quadratic graph like y = x^2 behaves slightly differently to most other graphs, in that it can narrowed by a stretch in the x or y direction. This means that a more convenient option is to perform a stretch in the y direction, since the multiplier lies outside the function notation. The stretching factor is 3, so we replace y with (1/3)y:

(1/3)y = f(x)
y = 3f(x)

Since k = 3, this becomes

y = kf(x)

... and hence the correct answer is B
6 0
3 years ago
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All you have to do is multiply them all. 
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anonymous anonymous 3 years ago On October 2,1991 the Japanese yen was worth .0075 united states dollars. at that time, how much
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True or False.<br> 43 = 62
strojnjashka [21]
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The Chocolate Shoppe has a rectangular logo for their business that
tigry1 [53]

The equation that calculates the unknown side length, M of the Chocolate Shoppe rectangular logo is A = 3.1H

<h3>How to determine the equation?</h3>

The parameters in the question are:

  • Logo: Rectangle
  • Height, H = 3 1/10 feet

Represent the area of the logo with A, and L represents the unknown side

The area (A) of the rectangle is calculated using:

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Substitute 3 1/10 for H

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Express the fraction as decimal

A = 3.1H

Hence, the equation that could be used to determine the unknown side length, M of the logo is A = 3.1H

Read more about areas at:

brainly.com/question/24487155

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