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Tonyang1742
28.04.2021 •
Mathematics
A trader needs $300000 to improve her business, she deposits $110000 in her savings account at 5% per annum compound interest. she then adds $50000 to her savings at the end of each year find
(a) her total savings after 3 years.
(b)by how much is her savings greater or less than $300000 at the end of the third year
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Ответ:
interpret it that there are three payments of 50,000 aside from the current deposit of 110,000
amount after 3 years
= 110,000(1.05)^3 + 50,000( 1.05^3 - 1)/.05
Ответ:
B. Real numbers
C. -2≤ t ≤98
Step-by-step explanation:
t is the no. of days.
There can be 2.5 days too,
So domain should be Real numbers
t days after she bought it,
So 2 days before t = -2
So, -2≤ t ≤98