Suppose you are committed to owning a $200,000 Ferrari. If you believe your mutual fund can achieve an annual return of 10.65 percent, and you want to buy the car in 11 years on the day you turn 30, how much must you invest today? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) Amount to be invested $

Amount to be invested is

$6564.10

Step-by-step explanation:

We would apply the formula for determining compound interest which is expressed as

A = P(1+r/n)^nt

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

A = 200000

r = 10.65% = 10.65/100 = 0.1065

n = 1 because it was compounded once in a year.

t = 11 year

Therefore,.

200000 = P(1+0.10659/1)^1 × 11

200000 = P(1.10659)^11

P = 200000/(1.10659)^11

P = $6564.10

i think it is everything has to equal 180 so, if i correct 4=c. 6=d. 8=a. 7=b. and the last question would be c. because they are parallel lines and they are congruent.

step-by-step explanation:

the reason everything has to equal to 180 is because that is how it works. i'm guessing that is its rule. 4 and 8 are congruent and parallel so, that would be 30+30 because they have the same number. it would equal 60. 6 and 7 are congruent and parallel so, that would be 30+30 because they have the same number. it would equal 60. 60+60 is 180. so, now you have your answer

part a

answer: a reasonable domain is where n is a real number. so n can be between 0 and 10. both endpoints are included.

work shown:

n is the number of days after the experiment starts. the smallest n can be is n = 0 which means that 0 days have gone by, and we're at the start. to find out how large n should be, then replace f(n) with 16.13 and solve for n. use logarithms to isolate the exponent.

f(n) = 12*(1.03)^n

16.13 = 12*(1.03)^n

16.13/12 = (1.03)^n

1.34416666666667 = (1.03)^n

(1.03)^n = 1.34416666666667

log[ (1.03)^n ] = log[ 1.34416666666667 ]

n*log[ 1.03 ] = log[ 1.34416666666667 ]

n = log[ 1.34416666666667 ]/log[ 1.03 ]

n = 10.0062999823929

this rounds to n = 10 which is fairly close but not 100% perfect. so this is the largest n can be.

note: if you plug n = 10 into f(n), you'll get roughly 16.127 which rounds to 16.13 (this comes up again in part c)

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part b

answer: the y intercept is 12. it represents the starting height of the plant in cm.

work shown:

plug n = 0 into the f(n) function. simplify

f(n) = 12*(1.03)^n

f(0) = 12*(1.03)^0

f(0) = 12*(1)

f(0) = 12

on day n = 0, aka the starting point, the height f(n) is 12 cm

=====================================

part c

answer: the average rate of change is approximately 0.43061036458991 (round however you need to). this represents the average growth rate from day n = 3 to day n = 10. so the plant grew roughly 0.43 cm per day during this timespan, assuming you round to 2 decimal places.

work shown:

compute f(3)

f(n) = 12*(1.03)^n

f(3) = 12*(1.03)^3

f(3) = 13.112724 < we'll use this later

compute f(10)

f(n) = 12*(1.03)^n

f(10) = 12*(1.03)^10

f(10) = 16.1269965521294 < we'll use this later

now use the formula below with a = 3 and b = 10

aroc = average rate of change

aroc = [ f(b) - f(a) ]/[ b - a ]

aroc = [ f(10) - f(3) ]/[ 10 - 3 ]

aroc = (16.1269965521294 - 13.112724)/(10 - 3)

aroc = 3.0142725521294/7

aroc = 0.43061036458991

round this however you need to

note: the plant grew approximately 3.01 cm over 7 days, so roughly 0.43 cm per day is the average growth rate (if you were to round to 2 decimal places).