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Please Follow This for both of these: 3) Question 3 a. I have decided to deposit $25,000 with American Express which offers 3.75% interest compounded
Please Follow This for both of these:
3) Question 3 a. I have decided to deposit $25,000 with American Express which offers 3.75% interest compounded yearly for 10 years.2) Question 2 a. 3 characteristics of an inverse function: i. The domain of the original function is the range of the inverse function. ii. It is only possible for an inverse function to exist if the original function is 1 to 1. iii. The inverse function reverses the inputs and outputs of the original function. b. f(x) = 2x+1 2 -4 -2 2 -2 d. This function has an inverse because the function is linear and 1 to 1.4) Review other projects and respond. Choose at least two of your classmate's projects. a) Algebraically find the inverse to the function given in Question 2. Identify an additional characteristic of inverse functions not given by your classmate. (9pts) b) Calculate the total amount your classmate will have in the bank based on the situation given. Then, change the interest rate (keeping the other parameters the same) and recompute. Comment on your findings. (9pts)\f( Question 3 : The interest rate of a certain bank is 3.6% compounded quarterly. If I decide to invest $ 211 , 000 for 4 years, I would get A = PORT Eynt 0. 036 4x 4 = $243, 523. 63Question 2: 3 characteristics of inverse functions: The domain of a function is the range of its inverse and vice-versa The inverse fenction returns the original value for which a function gave the output Two inverse functions are symmetrical with respect to the line y = x f ( x ) = p x + 3 y = ex+3 - Domain: (-, op) Range: (0 Inverse : * = py + 3 In (x ) = 4+3 y= In( x)-3 Domain : ( 0 , of ) Ranger ( = pStep by Step Solution
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