Gabby accumulated $12,000 in credit card debt. If the interest rate is 4% per year and she does not make any payments for 8 years, how much will she owe on this debt in 8 years by compounding continuously?

Answers

Answer 1

Answer:

$16,525.53.

Step-by-step explanation:

A=Pe^rt

P=$12,000

r=0.04

t=8 years


Related Questions

Brainliest!!!!! Please hurry!!

Answers

Answer:

y = (-1/3)(x - 7) + 3

Step-by-step explanation:

m = (6-3)/(-2-7) = - 1/3

y - 3 = (-1/3)(x - 7) ⇒ y = (-1/3)(x - 7) + 3

What is the vertex of the graph of the function below?
y= x2 - 10x + 21
O A. (5,-4)
B. (3,0)
O C. (5,0)
OD. (3,-4)

Answers

Answer:

Step-by-step explanation:

A. (5,-4)

The vertex of the graph of the function is (5,-4).

The answer is option A.

What is a function?

A function has an input and an output.

A function can be one-to-one or onto one.

It simply indicated the relationships between the input and the output.

Example:

f(x) = 2x + 1

f(1) = 2 + 1 = 3

f(2) = 2 x 2 + 1 = 4 + 1 = 5

The outputs of the functions are 3 and 5

The inputs of the function are 1 and 2.

We have,

To find the vertex of the function y = x² - 10x + 21,

We can use the formula:

x = -b/2a

where a is the coefficient of the x² term, b is the coefficient of the x term, and x is the x-coordinate of the vertex.

In this case,

a = 1 and b = -10, so:

x = -(-10)/(2 x 1) = 5

To find the y-coordinate of the vertex, we can substitute x = 5 into the function:

y = (5)² - 10(5) + 21 = -4

Therefore,

The vertex of the graph of the function is (5,-4).

Learn more about functions here:

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