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kobenichan
 one year ago
Victoria has some money from her birthday and the amount is modeled by the function h(x) = 200. She read about a bank that has savings accounts that accrue interest according to the function s(x) = (1.05)x − 1. Victoria is thinking about putting her money into the savings account to gain interest. Using complete sentences, explain to Victoria how she can combine her functions to create a new function, and explain what this new function means.
kobenichan
 one year ago
Victoria has some money from her birthday and the amount is modeled by the function h(x) = 200. She read about a bank that has savings accounts that accrue interest according to the function s(x) = (1.05)x − 1. Victoria is thinking about putting her money into the savings account to gain interest. Using complete sentences, explain to Victoria how she can combine her functions to create a new function, and explain what this new function means.

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kobenichan
 one year ago
Best ResponseYou've already chosen the best response.1I think that the functions should combine to be 200(1.05)^(x1) ? @ganeshie8

kobenichan
 one year ago
Best ResponseYou've already chosen the best response.1@Littlebird is this right?

kobenichan
 one year ago
Best ResponseYou've already chosen the best response.1That's good enough for me lol, thank you!

Littlebird
 one year ago
Best ResponseYou've already chosen the best response.1Oh wait! Ignore that.

Littlebird
 one year ago
Best ResponseYou've already chosen the best response.1Interest gained for a particular period equals to Money invested (kept) in Savings account for that period multiplied by Interest accrued on this money. Therefore, Accrued interest i(x) = h(x) * s(x) = 200 * [ (1.05)x  1 ], where x is the number of years for which money is invested. So, new function i(x) = (210)x  200 .

Littlebird
 one year ago
Best ResponseYou've already chosen the best response.1I'm driving myself insane. I accidentally mistyped. That 210 should be 200. I just wanted to write it out more intellignetly
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