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MAT150 Unit 3 Review **no need to show f(g(x)) = g(f(x)) = x Find f(x) for the following functions: 52) f(x) = (2x +1)5 53) Compound interest is cal culated using the formula below: A = P (1+12 Where A is the future value, P is present value, and t is the number of years for the loan/investment. a) If you invest $1,000 at 9% interest for 8 years, what is the future value of the investment? b) If you want to have $2,500 for a vacation in 3 years, how much should you invest today if you can get 10% on the investment? c) If you borrow $500 at 12% interest, how long will it take for the amount you owe to double?

MAT150 Unit 3 Review **no need to show f(g(x)) = g(f(x)) = x Find f(x) for the following functions: 52) f(x) = (2x +1)5 53) Compound interest is cal culated using the formula below: A = P (1+12 Where A is the future value, P is present value, and t is the number of years for the loan/investment. a) If you invest $1,000 at 9% interest for 8 years, what is the future value of the investment? b) If you want to have $2,500 for a vacation in 3 years, how much should you invest today if you can get 10% on the investment? c) If you borrow $500 at 12% interest, how long will it take for the amount you owe to double?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.8: Transforming Exponential Expressions
Problem 1CYU
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MAT150 Unit 3 Review **no need to show f(g(x)) = g(f(x)) = x Find f(x) for the following functions: 52) f(x) = (2x +1)5 53) Compound interest is cal culated using the formula below: A = P (1+12 Where A is the future value, P is present value, and t is the number of years for the loan/investment. a) If you invest $1,000 at 9% interest for 8 years, what is the future value of the investment? b) If you want to have $2,500 for a vacation in 3 years, how much should you invest today if you can get 10% on the investment? c) If you borrow $500 at 12% interest, how long will it take for the amount you owe to double?
Transcribed Image Text:MAT150 Unit 3 Review **no need to show f(g(x)) = g(f(x)) = x Find f(x) for the following functions: 52) f(x) = (2x +1)5 53) Compound interest is cal culated using the formula below: A = P (1+12 Where A is the future value, P is present value, and t is the number of years for the loan/investment. a) If you invest $1,000 at 9% interest for 8 years, what is the future value of the investment? b) If you want to have $2,500 for a vacation in 3 years, how much should you invest today if you can get 10% on the investment? c) If you borrow $500 at 12% interest, how long will it take for the amount you owe to double?
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