PV = 100000( 1 + .08/12)^-60
= 100000( 1.0066666..)^-60
= ...
Find the present value of $100,000 if interest is paid at a rate of 8% per year, compounded monthly, for 5 years.
3 answers
Define a new function, h(x), which shifts g(x) to the left by 2 units and down 3 units, and also makes g(x) increase faster vertically by some factor (your choice).
What is the equation for h(x)?
What is the equation for h(x)?
A ball is thrown upward with an initial velocity of 48 ft/sec from a height 640 ft. Its height h, in feet, after t seconds is given by h(t)=-16t^2+48t+640. After how long will the ball reach the ground?
1 answer