Tony invested $9538 in an account at 8% compounded daily. Identify the compound interest C after 1 years.

9514 1404 393

  $794.30

Step-by-step explanation:

The account balance for principal P invested at rate r compounded daily for t years is ...

  A = P(1 +r/365)^(365t)

We have P=$9538, r=0.08, t=1, and we want the value of P-A, the interest earned.

  P-A = P(1 +0.08/365)^365 -1) = $9538(1.08327757 -1) ≈ $794.30

The interest earned in one year is $794.30.

20

step-by-step explanation:

no oblique asymptote

step-by-step explanation:

to find the oblique asymptote of f(x)

here numerator has degree 1 and denomintor degree 2

degree of numerator < degree of denominator

hence there is no oblique asymptote

when the degree of the denominator > that of the numerator, we saw that the value in the denominator got so much bigger, so quickly,   giving us a horizontal asymptote of the x-axis. or we can write

f(x) = a polynomial of x + a proper fraction.

in this case only we have oblique asymptotes but not when numerator has less degree.