An amount of B was deposited in one of the investment bank accounts, whereby interest of A% is paid annually. The amount is calculated, so thạt: n = capital, cumulative after a number of years based on the function d (x) = n (1 + m)* n= time in years, m = annual interest. a. Calculate the cumulative amount after 8 years. B. How many years does it take to invest an amount equal to 3 times the capital? c. Draw the function d (x). B=951 RO A=1%

Question
An amount of B was deposited in one of the investment bank accounts, whereby interest
of A% is paid annually. The amount is calculated, so thạt: n = capital, cumulative after a
number of years based on the function d (x) = n (1 + m)*
n= time in years, m = annual interest.
a. Calculate the cumulative amount after 8 years.
B. How many years does it take to invest an amount equal to 3 times the capital?
c. Draw the function d (x).
B=951 RO
A=1%
Expand
Transcribed Image Text

An amount of B was deposited in one of the investment bank accounts, whereby interest of A% is paid annually. The amount is calculated, so thạt: n = capital, cumulative after a number of years based on the function d (x) = n (1 + m)* n= time in years, m = annual interest. a. Calculate the cumulative amount after 8 years. B. How many years does it take to invest an amount equal to 3 times the capital? c. Draw the function d (x). B=951 RO A=1%

Expert Answer

Want to see the step-by-step answer?

Check out a sample Q&A here.

Want to see this answer and more?

Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*

*Response times may vary by subject and question complexity. Median response time is 34 minutes for paid subscribers and may be longer for promotional offers.
Tagged in
Math
Calculus

Other

Related Calculus Q&A

Find answers to questions asked by students like you.

Q: Circular motion Consider an object moving along the circular trajectory r(t) = ⟨A cos ωt, A sin ωt⟩ ...

A:    

Q: Set up, but do not evaluate, an integral for the volumeof the solid obtained by rotating the region ...

A: Given Data The first equation is y=√x. The second equation is y=x². The line is y=2.   Evaluate the ...

Q: Use the four-step procedure for solving variation problems to solve: Kinetic energy varies jointly a...

A: Click to see the answer

Q: calculate and generate the graph of the following general cylinders and surfaces in three dimensions...

A: The following is the ellipsoid.

Q: Which are the Greatest and Least Integer Functions?

A: Click to see the answer

Q: Write the number in decimal notation 6.2 * 107 ?

A: Click to see the answer

Q: Explain why the sum of the work over n subintervals is only an approximation of the total work.

A: Click to see the answer

Q: Multiplication by 1 Derive integral formula 16 in Table 8.1: sec ar dr = - In|sec ax + tan ax| + C. ...

A: Click to see the answer

Q: Find the standard form of the equation of the ellipse with the given characteristics. Vertices: (0, ...

A: Now center of the ellipse is the midpoint of the line segment joining the vertices. That is, Now le...

Q: Find the distance from the point (3, -4, 2) to thea. xy-plane b. yz-plane c. xz-plane

A: The 3D view of the point is as below

Q: Use the definition of a derivative to find f ' x and f "x . Then graph f  ,f " ,f "' and on a common...

A: Given data: The function given here is f(x) = x3 - 3x. The definition of 1st order derivative of a f...

Q: Verify the identity : cos (x - π/4) = √2(cos x + sin x)/2.

A: We use cos(A-B)=cosAcosB+sinAsinB formula

Q: Least distance What point on the plane x + y + 4z = 8 is closest to the origin? Give an argument sho...

A: Given plane To find a point on this plane closest to origin

Q: Solve the exponential equation 3x = 81 by expressing each side as a power of the same base and then ...

A: Click to see the answer

Q: Geometry problems Use a table of integrals to solve the following problems.

A: We first sketch the region using a graphing calculator.   

Q: Find f. f"(x)  =2/3x2/3

A: Click to see the answer

Q: Find the indefinite integral. ∫sec3x dx

A:  

Q: Calculus Question

A: Click to see the answer

Q: Use the Intermediate Value Theorem to verify that the following equations have three solutions on th...

A: Click to see the answer

Q: Use the limit definition to find the slope of the tangent line to the graph of f at the given point....

A: Click to see the answer

Q: Which differential equation is variable separable? xy dx + (x² + 1) dy=0 B (x² + y) dx – 3xy dy=0 C ...

A: We’ll answer the 1st question since we answer only one question at a time. Please submit a new quest...

Q: Find suitable coefficients (an) so that the resulting power seriessigma anxn has the given propertie...

A: Click to see the answer

Q: Find the limit limx→0ax−1x.

A: Given, The limit is,              

Q: Use reference angles to find the exact value of the expression sin(-225°). Do not use a calculator.

A: Click to see the answer

Q: Find the slope of the line tangent to the curve y =x at the point (- 0.4, 0.16) and then find the co...

A: Click to see the answer

Q: Evaluate the integral using integration by parts with the indicated choices of u and dv.

A: Click to see the answer

Q: Image attached, Thanks

A: Click to see the answer

Q: Approximate the number e2.3 using a calculator. Round your answer to three decimal places.

A: Click to see the answer

Q: Find dwdt using the appropriate Chain Rule. Evaluate dwdt at the given value of t.

A: Click to see the answer

Q: Find the function values sin2 π/12

A: Click to see the answer

Q: Convert the angle in radians to degrees: -5ᴫ /3 radians

A: We will use π radian = 180 degrees .