The value of k include the following: B. k is equal to one third.
What is the vertex form of a quadratic equation?In Mathematics, the vertex form of a quadratic function can be modeled by this formula:
y = a(x - h)² + k
Where:
h and k represents the vertex of the graph.a represents the leading coefficient.Based on the information provided about the quadratic function f(x), we can logically deduce that its vertex is at (0, 0);
f(x) = a(x - h)² + k
2 = a(1 - 0)² + 0
2 = a
f(x) = 2(x - 0)² + 0
f(x) = 2x²
For the quadratic function g(x), we have;
g(x) = f(kx)
g(x) = 2(kx)²
g(x) = 2k²x²
By using the point (3, 2) from the table, we have:
2 = 2k²3²
1 = k²9
k² = 1/9
k = √(1/9)
k = 1/3 i.e one third.
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Need help in part two and part 3 step by step on each Sweet Dreams
Part 1
Directions: Molly collected data from her friends. Each friend told her the number
of hours they slept last night. Use the information in the chart below to complete a
line plot of the data. Determine the scale you should use, and a title for the line
plot. Using the blank line plot below, write in the intervals, the title you chose, and
place a dot on the line plot for each of Molly’s friend’s hours of sleep. Then, answer
the questions about the line plot you’ve created.
The most common amount of sleep is 8 1/2 hours.
There is no outlier in the data.
The difference in hours between the longest night's sleep and the longest night's sleep is 3.5 hours.
The number of people who slept longer than 8 hours is 15 people.
What is a dot plot?In Mathematics and Statistics, a dot plot can be defined as a type of line plot that is typically used for the graphical representation of a data set above a number line, especially through the use of crosses or dots.
Based on the information provided about the number of hours Molly's friends slept last night, we can reasonably infer and logically deduce that all of the data points would be between 6 and 11, without any outlier.
In this scenario, we would use an online graphing calculator to construct a dot plot with respect to a number line that accurately fit Molly's data set, with a scale of 0 < x < 11.
Difference in hours = 10 - 6.5 = 3.5 hours.
In conclusion, the dot plot would be titled "Hours of sleep."
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Missing information:
The question is incomplete and the complete question is shown in the attached picture.
Help me on this please
Answer:
infinitely manyno solutionone solutionStep-by-step explanation:
You want to determine the number of solutions to three different systems of equations.
Standard formA linear equation is written in standard form when the coefficients are mutually prime, and the leading coefficient is positive:
ax +by = c . . . . . . GCF(a, b, c) = 1, a > 0
The equations are easiest to compare when they are all written in standard form.
Numbers of solutionsA system will have an infinite number of solutions when the equations are identical.
A system will have zero solutions when it reduces to ...
(non-zero constant) = 0
A system will have one solution when the equations are different.
System 1A factor of 2 can be removed from the first equation:
2x -3y = 5
A factor of 3 can be removed from the second equation:
2x -3y = 5
These equations are identical, so have infinitely many solutions.
System 2Multiplying the first equation by 2 gives ...
2y = -3x +6
Adding 3x, we have ...
3x +2y = 6
When we subtract the second equation from this, we get ...
(3x +2y) -(3x +2y) = (6) -(3)
0 = 3
These equations have no solution.
System 3These equations are already in standard form, and are different. This system has one solution.
(The exact solution is (x, y) = (0.48, 3.36).)
Please help me solve questions 4, 5, & 6!
The probabilities are given as follows:
4. A. 1/2.
5. B. 3/7.
6. C. 3/13.
How to calculate a probability?A probability is calculated as the division of the desired number of outcomes by the total number of outcomes in the context of a problem/experiment.
For item 4, we have that out of 30 trials, an Alaskan Malamute won 15 times, hence the probability is given as follows:
p = 15/30
p = 1/2.
For item 5, we have that out of 42 trials, a Siberian Husky was chosen 18 times, hence the probability is given as follows:
p = 18/42
p = 3/7.
For item 6, we have that out of 52 cards in a deck, 12 are pictures, hence the probability is given as follows:
p = 12/52
p = 3/13.
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please answer this question
Solve each equation for y. Form the unlock code by putting a dash between each solution (e.g., 1-2-3). Hint: y<10 for all. y²- 1 = 80 (y - 4)÷ 4 = 1 10-63÷y = 1
The solution to the equations for y are y = 9, y = 8 and y = 7
Solving the equations for y.From the question, we have the following parameters that can be used in our computation:
y²- 1 = 80
(y - 4)÷ 4 = 1
10 - 63 ÷ y = 1
Solving the equations, we have
y²- 1 = 80
y² = 81
y = 9
Next, we have
(y - 4)÷ 4 = 1
(y - 4) = 4
y = 8
Lastly, we have
10 - 63 ÷ y = 1
-63 ÷ y = -9
-9y = -63
y = 7
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Maths
W is on the pic
The equation of line L is given as follows:
L: x = 2.
How to obtain the equation of line L?The equation of line L is the line of symmetry of the quadratic function given as follows:
y = 3x² - 12x + 7.
Considering a quadratic function with equation y = ax² + bc + c, the line of symmetry is defined as follows:
L: x = -b/2a.
The coefficients of the function are given as follows:
a = 3, b = -12.
Hence the equation of line L is defined as follows:
L: x = -(-12)/2(3)
L: x = 2.
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I need help on this im on a test pls
Pattern A follows the rule "add 2" and Pattern B follows the rule "subtract 2.
1, 3
1, 10
3, 6
5, 4
5, 6
7, 4
Select all correct answers
Please solve As soon as possible.
An equation to match the graph include the following: f(x) = |x - 1| - 1.
What is a translation?In Mathematics and Geometry, the translation a geometric figure or graph to the right simply means adding a digit to the value on the x-coordinate of the pre-image while the translation a geometric figure or graph downward simply means subtracting a digit from the value on the y-coordinate (y-axis) of the pre-image.
Since the parent function is f(x) = |x|, g(x) would be created by translating f(x) the parent function one units to the right and one units downward as follows;
f(x) = |x|
g(x) = |x - 1| - 1
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Two containers designed to hold water are side by side, both in the shape of a cylinder. Container A has a diameter of 14 feet and a height of 11 feet. Container B has a diameter of 10 feet and a height of 19 feet. Container A is full of water and the water is pumped into Container B until Container B is completely full.
After filling Container B completely, there are approximately 209.56 cubic feet of water left in Container A.
How to solveContainer A:
Diameter = 14 feet
Radius = Diameter / 2 = 14 / 2 = 7 feet
Height = 11 feet
Volume of Container A = π * (7^2) * 11 ≈ 1,696.46 cubic feet
Container B:
Diameter = 10 feet
Radius = Diameter / 2 = 10 / 2 = 5 feet
Height = 19 feet
The volume of Container B = [tex]π * (5^2) * 19[/tex] ≈ 1,486.90 cubic feet
Now, let's find out how much water is left in Container A after filling Container B completely.
Water left in Container A = Volume of Container A - Volume of Container B
Water left in Container A ≈ 1,696.46 - 1,486.90 ≈ 209.56 cubic feet
So, after filling Container B completely, there are approximately 209.56 cubic feet of water left in Container A.
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(11) Esi cut a rope into lengths which are exactly 18cm long, 30cm long or 40cm long. What is the shortest length that the rope can be?
The shortest length that rope can be, is 360 cm; such that the rope may be cut into lengths of exactly 18cm long, 30cm long or 40cm long.
A rope is cut into length which may be exactly 18cm long, 30cm long or 40cm long.
The shortest length that rope can be
Considering the individual lengths which are all integers, the shortest length is calculated as the LCM or the Least Common Multiple of the individual lengths that are considered
Factorize the numbers 18, 30 and 40 in the following way.
18 = 2 * 3 * 3
30 = 2* 3 *5
40 = 2* 2* 2* 5
The LCM of the numbers 18, 30 and 40 is
= 2* 2* 2* 3* 3* 5
= 360
So, the shortest length that rope can be, to make it cut into lengths of exactly 18cm long, 30cm long or 40cm long, is 360 cm.
Therefore, the required shortest length that rope can be, is 360 cm; such that the rope may be cut into lengths of exactly 18cm long, 30cm long or 40cm long.
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help please math homework
Answer:
60.5 m
Step-by-step explanation:
We can use the arc length formula to calculate the length of highlighted arc. Let the numerical measure of the highlighted arc be known as C, the angle measure be known as [tex]\theta[/tex], and r as the radius of the circle.
Given variables:
C = Measure of the highlighted arcr = radius of the circle[tex]\theta[/tex] = angle length of the highlighted arcPlug in all the variables into the formula and solve for the letter C.
[tex]\boxed{\text{Formula: C = }{2\pi r\huge{\text(}\frac{\theta}{360}\huge\text{)}}}[/tex]
[tex]\implies C = }{2\pi (11)\huge{\text(}\dfrac{315}{360}\huge\text{)}}}[/tex] [tex]\implies C = }{22\pi \huge{\text(}\dfrac{315}{360}\huge\text{)}}} = 60.5 \ \text{m}[/tex]
Therefore, Option A is the correct option.
Did I get the first question correct? Question 1:
The side length c of the triangle is equal to:
c^2=a^2+b^2 −2ab cosC
where a and b are the other two side lengths of the triangle, and C is the angle opposite side c.
To solve for c, we can plug in the values of a, b, and C into the formula and solve for c. For example, if a=3, b=4, and C=60 then we would plug in these values into the formula and solve for c as follows:
c^2=3^2+4^2 −2⋅3⋅4cos60
c^2=25
c= square root 25 =5
Therefore, the side length c of the triangle is equal to 5.
Answer:
Yes, you did solve it correctly, and the way you did it is fine
Step-by-step explanation:
You correctly applied the formula for the Law of Cosines to solve for the unknown side length c of a triangle, given the values of the other two side lengths and the angle opposite the unknown side. Specifically, you plugged in the given values of a, b, and C into the formula c^2 = a^2 + b^2 - 2ab cos(C) and then solved for c by taking the square root of both sides of the equation. Finally, you simplified the expression for c by calculating the square root of 25 to obtain a numerical value of c=5
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Given this equation what is the value at the indicated point?
Answer:
1 = y^2 - 2
y^2 = 3, so y = -√3
Select the point that is a solution to the system of inequalities.
y< x² +3
y>x²-4
Any point that includes the origin that comes in the shaded region will satisfy the system of equation.
For the points that satisfy the system of inequalities y < x² + 3 and y > x² - 4, we need to graph the two parabolas y = x² + 3 and y = x² - 4 and shade the region where the two graphs overlap.
The graph of y = x² + 3 is an upward-facing parabola that intersects the y-axis at (0, 3). The graph of y = x² - 4 is also an upward-facing parabola that intersects the y-axis at (0, -4).
We can see from the graphs that the region where y < x² + 3 and y > x² - 4 is the shaded region between the two parabolas. This region is bounded by the two lines y = x² + 3 and y = x² - 4.
To find a point that satisfies this system of inequalities, we can pick any point within this shaded region. For example, the point (0, 0) lies within the shaded region and satisfies both inequalities:
[tex]y = 0 < x^2+ 3 = 3\\y = 0 > x^2 - 4 = -4[/tex]
Therefore, the point (0, 0) is a solution to the system of inequalities.
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Find the zeros of the function.
Enter the solutions from least to greatest.
f(X)=(-X-2) (-2x-3)
The zeros of the function f(x) = (-x - 2)(-2x - 3) are x = -2 and x = -3/2, listed from least to greatest.
What are the zeros of the function?Given the function in the question:
f(x) = ( -x - 2 )( -2x - 3 )
To determine the zeros of the function f(x), we need to solve the equation f(x) = 0.
f(x) = ( -x - 2 )( -2x - 3 )
0 = ( -x - 2 )( -2x - 3 )
( -x - 2 )( -2x - 3 ) = 0
We can set each factor equal to zero and solve for x:
( -x - 2 ) = 0
-x - 2 = 0
-x = 2
x = -2
( -2x - 3 ) = 0
-2x - 3 = 0
-2x = 3
x = -3/2
Therefore, the zeros are x = -2 and x = -3/2.
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Two number are in ratio 9:13 and their sum is 176 . Find the number
Answer:
9x + 13x = 176
22x = 176
x = 8
So the numbers are 9 × 8 = 72 and
13 × 8 = 104.
Consider the function defined by f(x) for x > 0 and its graph y = f(x).
The graph of f has a horizontal tangent at point P. Find the coordinates of P.
This means that the coordinates of P are (a, b), where a is the value for which f'(a) = 0, and b = f(a).
What is coordinate?The term "coordinate" generally refers to a value or set of values that describe the position or location of a point or object in a particular system or space. In mathematics, coordinates are typically used to describe the position of a point on a graph or in a geometric plane, and they usually consist of a set of numerical values that indicate the distance or direction of the point from a specified origin or reference point. In geographic or cartographic contexts, coordinates might refer to latitude and longitude values that indicate a specific location on the Earth's surface. Other systems may use different types of coordinates, but the underlying idea is usually the same: a set of values that describe the position of an object or point in a given space or system.
if the graph of f has a horizontal tangent at point P, this means that the slope of the tangent line at P is zero.
Let (a, b) be the coordinates of P. Then the equation of the tangent line at P is:
[tex]y - b = f'(a)(x - a)[/tex]
Since the slope of the tangent line at P is zero, we have:
f'(a) = 0
This means that the derivative of f at x = a is zero. So, we need to find the value of a for which f'(a) = 0.
Once we find the value of a, we can substitute it into the equation of the tangent line to find the value of b.
So, let's find f'(x) first:
f(x) = ... (the function is not given, so we cannot find f'(x) explicitly)
We know that f'(a) = 0, so we have:
[tex]f'(a) = lim h- > 0 [f(a+h) - f(a)]/h = 0[/tex]
This means that:
[tex]lim h- > 0 [f(a+h) - f(a)]/h = 0[/tex]
Multiplying both sides by h, we get:
[tex]lim h- > 0 [f(a+h) - f(a)] = 0[/tex]
Taking the limit as h approaches 0, we get:
[tex]f(a) - f(a) = 0[/tex]
So, we have:
[tex]f(a) = b[/tex]
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I need to fill in the blanks
For an isosceles triangle, a leg is congruent to the other leg. A leg is not necessarily congruent to the base. The correct solution found by solving the equation 2x = 3x - 5 is x = 5. The length of the top left side is 10, and the length of the bottom left side is 10.
What is an isosceles triangle?In Mathematics and Geometry, an isosceles triangle simply refers to a type of triangle with two (2) sides that are equal in length and two (2) equal angles.
This ultimately implies that, an isosceles triangle comprises two (2) side lengths that are equal and two (2) angles with the same magnitude.
In this isosceles triangle, we have the following equation;
2x = 3x - 5 (two (2) side lengths are congruent).
3x - 2x = 5
x = 5 units.
For the bottom left side, we have;
3x - 5 = 3(5) - 5 = 15 - 5 = 10 units.
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find the logarithim of 6.373log4.948/[tex]\sqrt{0.004636[/tex]
The logarithm of 6.373log4.948/sqrt(0.004636) is approximately 2.2022
Understanding LogarithmLogarithm is the inverse operation of exponentiation. It is a function that tells you what power you need to raise a given base to in order to get a certain value.
The logarithm of a number x with respect to base a is denoted as logₐ(x).
For example, if we have a base of 2 and a value of 8, we can write:
log₂(8) = 3
Going back to our question, we can apply the basic knowledge of logarithm to solve the question.
First, simplify the expression:
6.373log4.948/sqrt(0.004636)
= 6.373 * log(4.948) / sqrt(0.004636)
= 6.373 * 1.6941 / 0.068
= 159.50
Now, we can find the logarithm of 159.50.
log(159.50) ≈ 2.2022
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On Team B 80% of the football players weigh more than 200 pounds. If 41 men are on the team, how many weigh more than 200 pounds?
Team B has 33 players that weigh more than 200 pounds.
How to calculate the percentage?To calculate the percentage, divide the amount by the total value and multiply the result by 100. The percentage is calculated using the formula: (value/total value)100%.
When 80% of the players weigh more than 200 pounds, 20% of the players weigh less than 200 pounds.
We can start by locating 20% of the players:
20% of 41 = 0.20 x 41 = 8.2
So we can guess that there are about 8 players weighing 200 pounds or fewer.
We may subtract this estimate from the total number of participants to obtain the number of players who weigh more than 200 pounds:
41 - 8 = 33
As a result, Team B has 33 players that weigh more than 200 pounds.
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Plot the numbers -1 1/6 and 7/3 on the number line below.
You work independently as a copier salesperson. Last month, you sold 26 printers at a cost of $1,750 each. The cost of goods sold for each printer is $975. Additional operating expenses include your salary ($3,000/month), advertising ($50/month), and office lease ($550/month). Use this information to calculate (a) your gross profit and (b) your net income.
To calculate the gross profit, we need to subtract the cost of goods sold (COGS) from the revenue generated by sales. The revenue generated by sales can be found by multiplying the number of printers sold by the selling price of each printer, which is $1,750.
Revenue generated by sales = 26 x $1,750 = $45,500
The cost of goods sold for each printer is $975, so the total cost of goods sold for all 26 printers is:
Total cost of goods sold = 26 x $975 = $25,350
Therefore, the gross profit can be calculated as:
Gross profit = Revenue generated by sales - Total cost of goods sold
Gross profit = $45,500 - $25,350
Gross profit = $20,150
The gross profit is $20,150.
To calculate the net income, we need to subtract all operating expenses from the gross profit. The operating expenses include your salary ($3,000/month), advertising ($50/month), and office lease ($550/month).
Total operating expenses = $3,000 + $50 + $550
Total operating expenses = $3,600
Therefore, the net income can be calculated as:
Net income = Gross profit - Total operating expenses
Net income = $20,150 - $3,600
Net income = $16,550
The net income is $16,550.
In summary, the gross profit is the revenue generated by sales minus the cost of goods sold, which in this case is $20,150. The net income is the gross profit minus all operating expenses, which in this case is $16,550.
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Write a compund interest function to model the following then find the balance after the given number of years situation$17 400 invested at a rate of 2.5 compounded annually 8 years
Therefore, after 8 years, the interest will be $20,146.60.
What is interest?When a customer pays interest to borrow money from a bank, for example, interest is referred to as a payment from the borrower in the finance industry.
The customer would pay an amount that is greater than the amount they borrowed due to interest.
The principal is the sum of money that was first invested or lent and upon which interest is based.
We refer to the process of calculating fresh interest based on the new principal (which is the old principal plus interest) at the conclusion of the subsequent payment period as compound interest when we add interest to interest.
So, compound interest is interest that is paid on both the principal and interest that has already been generated.
We may calculate compound interest using the following straightforward formula:
That has to be clarified in order for us to address the issue at hand:
17400 invested at a 2.5% annual compounded rate for an 8-year period.
Let's take a look at what is provided and note it down.
Therefore, the principal is $43,000.00. In addition, we know that our rate is 2.5%, or 0.025
If it is annually compounded, n=1 times every year.
Additionally, t=8 years.
A = 17400(1 + 0.025/1)⁸ A = $20,146.60
Therefore, after 8 years, the balance will be $20,146.60.
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Therefore, after 8 years, the interest will be $20,146.60.
What is interest?When a customer pays interest to borrow money from a bank, for example, interest is referred to as a payment from the borrower in the finance industry.
The customer would pay an amount that is greater than the amount they borrowed due to interest.
The principal is the sum of money that was first invested or lent and upon which interest is based.
We refer to the process of calculating fresh interest based on the new principal (which is the old principal plus interest) at the conclusion of the subsequent payment period as compound interest when we add interest to interest.
So, compound interest is interest that is paid on both the principal and interest that has already been generated.
We may calculate compound interest using the following straightforward formula:
That has to be clarified in order for us to address the issue at hand:
17400 invested at a 2.5% annual compounded rate for an 8-year period.
Let's take a look at what is provided and note it down.
Therefore, the principal is $43,000.00. In addition, we know that our rate is 2.5%, or 0.025
If it is annually compounded, n=1 times every year.
Additionally, t=8 years.
A = 17400(1 + 0.025/1)⁸ A = $20,146.60
Therefore, after 8 years, the balance will be $20,146.60.
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Write a function in any form that would match the graph shown below:
The function that would match the graph shown below is given as follows:
y = -5(x³ + 7x² + 8x - 16).
How to define the function?The function is defined using the Factor Theorem, as we have the x-intercepts of the graph, hence we can write the function as a product of it's linear factors.
Considering the x-intercepts, the roots are given as follows:
x = -4 with a multiplicity of 2, as the graph turns.x = 1 with a multiplicity of 1.Hence, considering the leading coefficient a, the function is defined as follows:
y = a(x + 4)²(x - 1)
y = a(x² + 8x + 16)(x - 1)
y = a(x³ + 7x² + 8x - 16).
When x = 0, y = 80, hence the leading coefficient a is obtained as follows:
-16a = 80
a = -5.
Hence the function is:
y = -5(x³ + 7x² + 8x - 16).
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The scores on a test are normally distributed with a mean of 90 and a standard deviation of 18. Find the score that is one-half a standard deviation
below the mean.
A score of__is one-half a standard deviation below the mean.
How to front end round 10,355?
Front-end rounding 10,355 to the nearest ten is 10,360.
Describe Rounding of Numbers?Rounding is the process of approximating a number to a specified degree of accuracy or precision. Rounding is useful when we want to simplify numbers or express them in a more manageable or meaningful way. There are various methods of rounding, such as rounding up, rounding down, and rounding to the nearest value.
To round a number to a specified degree of accuracy, we first identify the place value we are rounding to, such as units, tens, hundreds, etc. We then look at the digit in that place value and the digit to the right of it. If the digit to the right is 5 or greater, we round up by adding 1 to the digit in the place value we are rounding, and then replace all the digits to the right with zeros. If the digit to the right is less than 5, we round down by simply dropping all the digits to the right.
To front-end round a number, you look at the digit in the place value you are rounding to and round up or down based on the digit to the right of that place value.
To front-end round 10,355 to the nearest ten, we look at the tens place, which is the second digit from the right. The digit in the tens place is 5, which is greater than or equal to 5, so we round up.
To round up, we add 1 to the digit in the tens place and replace all the digits to the right with zeros. So, rounding up 10,355 to the nearest ten gives us:
10,360
Therefore, front-end rounding 10,355 to the nearest ten is 10,360.
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What is the perimeter of the polygon?
Help me with this math if you may.
Answer:
4/5
Step-by-step explanation:
2 : 5/2
4/2 : 5/2
4 : 5
The scale factor is:
4/5
Which graph represents this equation? y = 3 2 x 2 − 6 x A. The graph shows an upward parabola with vertex (3, minus 4.5) and passes through (minus 1, 3.5), (0, 0), (6, 0), and (7, 3.5) B. The graph shows an upward parabola with vertex (2, minus 6) and passes through (minus 1, 7), (0, 0), (4, 0), and (5, 7) C. The graph shows an upward parabola with vertex (minus 3, minus 4.5) and passes through (minus 7, 3.5), (minus 6, 0), (0, 0), and (1, 3.5) D. The graph shows an upward parabola with vertex (minus 2, minus 6) and passes through (minus 5, 7), (minus 4, 0), (0, 0), and (1, 7)
The graph that represents the equation is:
The graph shows an upward parabola with vertex (2, -6) and passes through (-1, 7), (0, 0), (4, 0), and (5, 7).
Option B is the correct answer.
We have,
The equation y = (3/2)x² - 6x represents an upward parabola since the coefficient of x² is positive.
Now,
The vertex of the parabola.
x = -b/2a,
where a and b are the coefficients of x² and x, respectively.
So,
a = 3/2 and b = -6
x = -(-6)/(2(3/2)) = 6/3 = 2.
Plugging x = 2 into the equation,
We get y = 3/2(2)² - 6(2) = -6,
so the vertex is (2, -6).
We can eliminate options A and C since their vertices are not (2, -6).
Now,
To check which of the remaining options fits the equation, we can plug in the given points and see if they satisfy the equation.
Option B gives:
When x = -1, y = 3/2(-1)² - 6(-1) = 7
When x = 0, y = 3/2(0)² - 6(0) = 0
When x = 4, y = 3/2(4)² - 6(4) = 0
When x = 5, y = 3/2(5)² - 6(5) = 7.5
So option B fits the equation, and is the graph that represents
y = (3/2)x² - 6x.
Therefore,
The graph that represents the equation is:
The graph shows an upward parabola with vertex (2, -6) and passes through (-1, 7), (0, 0), (4, 0), and (5, 7).
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a. Use the appropriate formula to determine the periodic deposit.
b. How much of the financial goal comes from deposits and how much comes from interest?
Periodic Deposit
Rate
$? at the end of each month 6.75% compounded monthly
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Time
45 years
Financial Goal
$1,000,000
***
a. The periodic deposit is $.
(Do not round until the final answer. Then round up to the nearest dollar as needed.)
The periodic deposit required to reach the financial goal of $1,000,000 in 45 years with a 6.75% annual interest rate compounded monthly is approximately $541.05.
And, Amount $292,593.00 comes from deposits and $707,407.00 comes from interest.
For the periodic deposit, we can use the formula:
P = (FV × r) / ((1 + r)ⁿ - 1)
where P is the periodic deposit, FV is the financial goal, r is the interest rate per period, and n is the total number of periods.
Using the given values, we get:
P = ($1,000,000 0.0675) / ((1 + 0.0675/12)^(45x12) - 1)
P ≈ $541.05
So, the periodic deposit required to reach the financial goal of $1,000,000 in 45 years with a 6.75% annual interest rate compounded monthly is approximately $541.05.
And, To determine how much of the financial goal comes from deposits and how much comes from interest, we can calculate the total amount of deposits made over the 45-year period:
Hence, Total deposits is,
P n = $541.05 (45 x 12)
≈ $292,593.00
Then we can subtract this amount from the financial goal to get the amount that comes from interest:
Amount from interest = FV - Total deposits
= $1,000,000 - $292,593.00
≈ $707,407.00
So , Amount $292,593.00 comes from deposits and $707,407.00 comes from interest.
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