Chapter 1.3, Problem 62E

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8th Edition

James Stewart

ISBN: 9781305270343

Textbook Problem

If you invest *x* dollars at 4% interest compounded annually, then the amount *A*(*x*) of the investment after one year is *A*(*x*) = 1.04*x.* Find *A* ◦ *A*, *A* ◦ *A* ◦ *A*, and *A* ◦ *A* ◦ *A* ◦ *A*. What do these compositions represent? Find a formula for the composition of *n* copies of *A.*

To determine

**To find:** The composition of
*n* copies of *A*.

Explanation

**Given:**

It is given that x dollars invested at 4% interest compounded annually. Then the invested amount after one year is

**Calculation:**

The composite function

First, find the composition of

Substitute
*x* in

Therefore, the composition of

Similarly to find
*x* in

Sect-1.1 P-1ESect-1.1 P-2ESect-1.1 P-3ESect-1.1 P-4ESect-1.1 P-5ESect-1.1 P-7ESect-1.1 P-8ESect-1.1 P-9ESect-1.1 P-10ESect-1.1 P-11E

Sect-1.1 P-12ESect-1.1 P-13ESect-1.1 P-14ESect-1.1 P-15ESect-1.1 P-16ESect-1.1 P-17ESect-1.1 P-18ESect-1.1 P-19ESect-1.1 P-20ESect-1.1 P-21ESect-1.1 P-22ESect-1.1 P-23ESect-1.1 P-24ESect-1.1 P-25ESect-1.1 P-26ESect-1.1 P-27ESect-1.1 P-28ESect-1.1 P-29ESect-1.1 P-30ESect-1.1 P-31ESect-1.1 P-32ESect-1.1 P-33ESect-1.1 P-34ESect-1.1 P-35ESect-1.1 P-36ESect-1.1 P-37ESect-1.1 P-38ESect-1.1 P-39ESect-1.1 P-40ESect-1.1 P-41ESect-1.1 P-42ESect-1.1 P-43ESect-1.1 P-44ESect-1.1 P-45ESect-1.1 P-46ESect-1.1 P-47ESect-1.1 P-48ESect-1.1 P-49ESect-1.1 P-50ESect-1.1 P-51ESect-1.1 P-52ESect-1.1 P-53ESect-1.1 P-54ESect-1.1 P-55ESect-1.1 P-56ESect-1.1 P-57ESect-1.1 P-58ESect-1.1 P-59ESect-1.1 P-60ESect-1.1 P-61ESect-1.1 P-62ESect-1.1 P-63ESect-1.1 P-64ESect-1.1 P-65ESect-1.1 P-66ESect-1.1 P-67ESect-1.1 P-68ESect-1.1 P-69ESect-1.1 P-70ESect-1.1 P-71ESect-1.1 P-72ESect-1.1 P-73ESect-1.1 P-74ESect-1.1 P-75ESect-1.1 P-76ESect-1.1 P-77ESect-1.1 P-78ESect-1.1 P-79ESect-1.1 P-80ESect-1.2 P-1ESect-1.2 P-2ESect-1.2 P-3ESect-1.2 P-4ESect-1.2 P-5ESect-1.2 P-6ESect-1.2 P-7ESect-1.2 P-8ESect-1.2 P-9ESect-1.2 P-10ESect-1.2 P-11ESect-1.2 P-12ESect-1.2 P-13ESect-1.2 P-14ESect-1.2 P-15ESect-1.2 P-16ESect-1.2 P-17ESect-1.2 P-18ESect-1.2 P-19ESect-1.2 P-20ESect-1.2 P-21ESect-1.2 P-22ESect-1.3 P-1ESect-1.3 P-2ESect-1.3 P-3ESect-1.3 P-4ESect-1.3 P-5ESect-1.3 P-6ESect-1.3 P-7ESect-1.3 P-8ESect-1.3 P-9ESect-1.3 P-10ESect-1.3 P-11ESect-1.3 P-12ESect-1.3 P-13ESect-1.3 P-14ESect-1.3 P-15ESect-1.3 P-16ESect-1.3 P-17ESect-1.3 P-18ESect-1.3 P-19ESect-1.3 P-20ESect-1.3 P-21ESect-1.3 P-22ESect-1.3 P-23ESect-1.3 P-24ESect-1.3 P-25ESect-1.3 P-26ESect-1.3 P-27ESect-1.3 P-28ESect-1.3 P-29ESect-1.3 P-30ESect-1.3 P-31ESect-1.3 P-32ESect-1.3 P-33ESect-1.3 P-34ESect-1.3 P-35ESect-1.3 P-36ESect-1.3 P-37ESect-1.3 P-38ESect-1.3 P-39ESect-1.3 P-40ESect-1.3 P-41ESect-1.3 P-42ESect-1.3 P-43ESect-1.3 P-44ESect-1.3 P-45ESect-1.3 P-46ESect-1.3 P-47ESect-1.3 P-48ESect-1.3 P-49ESect-1.3 P-50ESect-1.3 P-51ESect-1.3 P-52ESect-1.3 P-53ESect-1.3 P-54ESect-1.3 P-55ESect-1.3 P-56ESect-1.3 P-57ESect-1.3 P-58ESect-1.3 P-59ESect-1.3 P-60ESect-1.3 P-61ESect-1.3 P-62ESect-1.3 P-63ESect-1.3 P-64ESect-1.3 P-65ESect-1.3 P-66ESect-1.4 P-1ESect-1.4 P-2ESect-1.4 P-3ESect-1.4 P-4ESect-1.4 P-5ESect-1.4 P-6ESect-1.4 P-7ESect-1.4 P-8ESect-1.4 P-9ESect-1.4 P-10ESect-1.4 P-11ESect-1.4 P-12ESect-1.4 P-13ESect-1.4 P-14ESect-1.4 P-15ESect-1.4 P-16ESect-1.4 P-17ESect-1.4 P-18ESect-1.4 P-19ESect-1.4 P-20ESect-1.4 P-21ESect-1.4 P-22ESect-1.4 P-23ESect-1.4 P-24ESect-1.4 P-25ESect-1.4 P-26ESect-1.4 P-27ESect-1.4 P-28ESect-1.4 P-30ESect-1.4 P-31ESect-1.4 P-32ESect-1.4 P-33ESect-1.4 P-34ESect-1.4 P-35ESect-1.4 P-36ESect-1.4 P-37ESect-1.4 P-38ESect-1.5 P-1ESect-1.5 P-2ESect-1.5 P-3ESect-1.5 P-4ESect-1.5 P-5ESect-1.5 P-6ESect-1.5 P-7ESect-1.5 P-8ESect-1.5 P-9ESect-1.5 P-10ESect-1.5 P-11ESect-1.5 P-12ESect-1.5 P-13ESect-1.5 P-14ESect-1.5 P-15ESect-1.5 P-16ESect-1.5 P-17ESect-1.5 P-18ESect-1.5 P-19ESect-1.5 P-20ESect-1.5 P-21ESect-1.5 P-22ESect-1.5 P-23ESect-1.5 P-24ESect-1.5 P-25ESect-1.5 P-26ESect-1.5 P-27ESect-1.5 P-28ESect-1.5 P-29ESect-1.5 P-30ESect-1.5 P-31ESect-1.5 P-32ESect-1.5 P-33ESect-1.5 P-34ESect-1.5 P-35ESect-1.5 P-36ESect-1.5 P-37ESect-1.5 P-38ESect-1.5 P-39ESect-1.5 P-40ESect-1.5 P-41ESect-1.5 P-42ESect-1.5 P-43ESect-1.5 P-44ESect-1.5 P-45ESect-1.5 P-46ESect-1.5 P-47ESect-1.5 P-48ESect-1.5 P-49ESect-1.5 P-50ESect-1.5 P-51ESect-1.5 P-52ESect-1.5 P-53ESect-1.5 P-54ESect-1.5 P-55ESect-1.5 P-56ESect-1.5 P-57ESect-1.5 P-58ESect-1.5 P-61ESect-1.5 P-62ESect-1.5 P-63ESect-1.5 P-64ESect-1.5 P-65ESect-1.5 P-66ESect-1.5 P-67ESect-1.5 P-68ESect-1.5 P-69ESect-1.5 P-70ESect-1.5 P-71ESect-1.5 P-72ESect-1.5 P-73ESect-1.5 P-74ESect-1.5 P-75ESect-1.5 P-76ESect-1.5 P-77ECh-1 P-1RCCCh-1 P-2RCCCh-1 P-3RCCCh-1 P-4RCCCh-1 P-5RCCCh-1 P-6RCCCh-1 P-7RCCCh-1 P-8RCCCh-1 P-9RCCCh-1 P-10RCCCh-1 P-11RCCCh-1 P-12RCCCh-1 P-13RCCCh-1 P-1RQCh-1 P-2RQCh-1 P-3RQCh-1 P-4RQCh-1 P-5RQCh-1 P-6RQCh-1 P-7RQCh-1 P-8RQCh-1 P-9RQCh-1 P-10RQCh-1 P-11RQCh-1 P-12RQCh-1 P-13RQCh-1 P-14RQCh-1 P-1RECh-1 P-2RECh-1 P-3RECh-1 P-4RECh-1 P-5RECh-1 P-6RECh-1 P-7RECh-1 P-8RECh-1 P-9RECh-1 P-10RECh-1 P-11RECh-1 P-12RECh-1 P-13RECh-1 P-14RECh-1 P-15RECh-1 P-16RECh-1 P-17RECh-1 P-18RECh-1 P-19RECh-1 P-20RECh-1 P-22RECh-1 P-23RECh-1 P-24RECh-1 P-25RECh-1 P-26RECh-1 P-27RECh-1 P-28RECh-1 P-1PCh-1 P-2PCh-1 P-3PCh-1 P-4PCh-1 P-5PCh-1 P-6PCh-1 P-7PCh-1 P-8PCh-1 P-9PCh-1 P-10PCh-1 P-11PCh-1 P-12PCh-1 P-13PCh-1 P-14PCh-1 P-15PCh-1 P-16PCh-1 P-17PCh-1 P-18PCh-1 P-19PCh-1 P-20P

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