The amount of money, A ( t ) , in a savings account that pay 3% interest, compounded quarterly for t years, with an initial investment of P dollars, is given by A ( t ) = P ( 1 + 0.03 4 ) 4 t . If $500 is invested at 3%, compounded quarterly, how much will the investment be worth after 2 yr?
The amount of money, A ( t ) , in a savings account that pay 3% interest, compounded quarterly for t years, with an initial investment of P dollars, is given by A ( t ) = P ( 1 + 0.03 4 ) 4 t . If $500 is invested at 3%, compounded quarterly, how much will the investment be worth after 2 yr?
Solution Summary: The author explains that the initial investment is 500 compounded quarterly at 3% for 2 years. The Compound Interest can be obtained by using TI-83Plus calculator.
The amount of money,
A
(
t
)
, in a savings account that pay 3% interest, compounded quarterly for t years, with an initial investment of P dollars, is given by
A
(
t
)
=
P
(
1
+
0.03
4
)
4
t
.
If $500 is invested at 3%, compounded quarterly, how much will the investment be worth after 2 yr?
The graph of f(x) is given in the figure below. draw tangent lines to the graph at x=-3,x=-2,x=1,and x=4. estimate f'(-3),f'(-2),f'(1),and f'(4). Round your answers to one decimal place.
Consider the functions f(x)=4x-1 and g(x)=sq root of -x+7. Determine
1. f o g(x)
2. Give the domain of f o g(x)
3. g o f (x)
4. Give the domain of g o f(x)
Chapter R Solutions
Calculus and Its Applications, Books a la Carte Plus MyLab Math Access Card Package (11th Edition)
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