consider a four-year, default-free security with annual coupon payments and a face value of $1000 that is issued at par. what is the coupon rate of this bond?

Answers

Answer 1

The par coupon rate of four-year, default-free security with annual coupon payments is 112%.

The par coupon rate of a four-year, default-free security with annual coupon payments can be calculated by taking the present value of all future coupon payments, plus the face value of the security, and dividing that amount by the face value of the security.

Par Coupon Rate = (Present Value of Coupon Payments + Face Value) / Face Value

Annual interest payment = [tex]\frac{12}{100} *1000[/tex]

Annual interest payment = $120

A face value of $1,000 and the present value of all future coupon payments is $120, the par coupon rate for this security would be 112%.

Par Coupon Rate = ($120 + $1,000) / $1,000

Par Coupon Rate = 1120 / 1000

Par Coupon Rate = $1.12

Par Coupon Rate = 112/100

Par Coupon Rate = 112 %.

Therefore,

The par coupon rate of four-year, default-free security with annual coupon payments is 112%.

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Related Questions

integral of e^(5x)*cos(6x)

Answers

here is your correct answer

The integral of the given function e^(6x).cos(5x) is

6/61e6xcos(5x) + 5/61e^6x.sin(5x)+C , c is the constant.

∫u(x)v′(x)dx=u(x)v(x)−∫u′(x)v(x)dx

We apply the integration by parts twice to solve this problem. We use the integration by parts for the first time:

we choose u(x)=cos(5x), v′(x)=e6x, which gives us u(x)=−5sin(5x),  v(x)=16e6x

We have ∫e6xcos(5x)dx = 16e6xcos(5x) + 56∫e6xsin(5x)dx

Now, we use integration by parts for the second time for the integral on the right-hand side. This time

we choose u(x)=sin(5x),v′(x)=e6x, which gives us u′(x)=5cos(5x), v(x)=16e6x

We have ∫e6xsin(5x)dx=16e6xsin(5x)+56∫e6xcos(5x)dx

Evaluating the integral:

∫e6xcos(5x)dx=16e6xcos(5x)+56∫e6xsin(5x)dx=16e6xcos(5x)+56(16e6xsin(5x)−56∫e6xcos(5x)dx)=16e6xcos(5x)+536e6xsin(5x)−2536∫e6xcos(5x)dx

We solve this equation for ∫e6xcos(5x)dx , and we get:

∫e^6x.cos^(5x).dx = 6/61e6xcos(5x) + 5/61e^6x.sin(5x)+C

where C is the constant of integration.

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A phone company has a monthly cellular data plan where a customer pays a flat monthly fee of $40 and then $0.50 per megabyte (MB) of data used on the phone. Examine the problem and identify the variables in the situation.

Answers

The slope and the intercept of the linear function in this problem are given as follows:

Slope of $0.5, representing the cost per MB.Intercept of $40, representing the flat monthly fee.

Hence the variables are given as follows:

Input variable x: number of MB of data used.Output variable y: total cost of the plan.

What is a linear function?

The linear function in slope-intercept format is given as follows:

y = mx + b

In which:

m is the slope, representing the rate of change of the output variable relative to the input variable.b is the intercept, representing the initial value assumed by the output variable.

A phone company has a monthly cellular data plan where a customer pays a flat monthly fee of $40 and then $0.50 per megabyte (MB) of data used on the phone, hence the parameters are given as follows:

b = 40, m = 0.5.

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Jan 27, 8:14:06 PM Watch help video Sarah is taking a multiple choice test with a total of 50 points available. Each question is worth exactly 2 points. What would be Sarah's test score (out of 50) if she got 10 questions wrong? What would be her score if she got a questions wrong? Score with 10 questions wrong: Score with a questions wrong: Submit Answer Privacy Policy Terms of Service Copyright 200 attempt 1 out of 2​

Answers

Answer:

• 30

• 48

• 5:8

Step-by-step explanation:

Sarah's score if she got 10 questions wrong = 50 - (10×2) = 50 - 20 = 30

Sarah's score if she got one question wrong = 50 - (1×2) = 50 - 2 = 48

Ratio:

Score with 10 QW : Score with 1 QW

30 : 48

(÷6) : (÷6)

5 : 8

angles between parallel lines find angles a, b, c, d

Answers

Based on the quadrilateral, the measure of angles a, b, c, and d are as follows;

a = 101°b = 79°c = 83°d = 97°

How to determine the measure of angles a, b, c, and d?

In Mathematics, the measure of the sum of two (2) adjacent angles would be equal to 180º when two (2) parallel lines are cut through by a transversal according to the Linear Pair Postulate:

a + 79° = 180°

a = 180° - 79°

a = 101°

In Geometry, the vertical angles theorem states that two opposite vertical angles that are formed whenever two (2) lines intersect each other are always congruent, which simply means being equal to each other. Therefore, we have the following:

c = 83° (vertically opposite angle).

By applying the co-interior angles theorem, we have the following:

a + b = 180°

101 + b= 180°

b = 180° - 101°

b = 79°

d + c = 180° (co-interior angles)

d + 83° = 180°

d = 180° - 83°

d = 97°

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The ratio of runners to walkers in the fund raiser was 6 to 1. If there were 10 walkers, how many runners were there?

Answers

Answer:

If the ratio of runners to walkers in the fund raiser was 6 to 1, and there were 10 walkers, then there would have been 60 runners.

Answer:

60 runners

Step-by-step explanation:

1x10=10

6x10-60

For a normal population with the known variance σ2, answer the following questions. Round your answers to two decimal places (e.g. 98.76) a) What value of confidence level gives za/2 equal to 2.10? b) What value of confidence level gives za/2 equal to 2.27? c) What value of confidence level gives Za/2 equal to 1.13?

Answers

If a normal population has a known variance σ² ,  then the value of confidence level for z_(α/2) equal to 2.10 is 96.42% .

The value of z_(α/2) is used to determine the critical value for a two-tailed hypothesis test with a given level of significance(α).

The Critical Value separates the rejection region from the acceptance region in the standard normal distribution.

A Confidence Level is often expressed as (1 - α) , where α is the level of significance.

To find the confidence level that corresponds to z_(α/2) = 2.10, we can solve for 1 - α:

⇒ α/2  = 0.0179 ;

⇒ α = 0.0179 × 2 = 0.0358 ;

⇒ So , 1 - α = 1 - 0.0358 = 0.9642 or 96.42% .

Therefore , the value of Confidence Level is 96.42% .

The given question is incomplete , the complete question is

For a normal population with the known variance σ² ,  What value of confidence level gives z_(α/2) equal to 2.10 ?

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find all numbers and for which the vectors =−6 3 and = 6 6 are orthogonal and have the same magnitude.

Answers

The vectors =−6 3 and = 6 6 are not orthogonal because they have different magnitude.

Orthogonal vectors are two vectors that are perpendicular to each other, meaning they form a 90-degree angle.

As we all know that when two vectors have the same magnitude and are orthogonal, they are said to be orthonormal.

To find all numbers and for which the vectors =−6 3 and = 6 6 are orthogonal and have the same magnitude, we first need to find the magnitude of each vector.

For the first vector, =−6 3,

the magnitude is

=> √(−6)² + (3)²

=>  √(36 + 9) = √45

=> 3√5.

For the second vector, = 6 6,

the magnitude is

=> √(6)² + (6)² = √(36 + 36)

=> √72 = 6√2.

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luke's choice behavior can be represented by the utility function u(x1,x2)=x1 x2. the prices of x1 and x2 are denoted as p1 and p2, and his income is m.

Answers

When Luke selects combinations of x1 and x2 that, function given his income and the prices of x1 and x2, maximise his utility, his utility is maximised.

A utility function, which gauges the satisfaction he will have from a particular mix of items, can be used to model Luke's decision-making. His utility function, for instance, might be u(x1,x2)=x1 x2, which indicates the satisfaction he will experience from x1 and x2 is the sum of their respective numbers. His income is m, and the prices of x1 and x2 are represented as p1 and p2, respectively. Given Luke's income and the prices of x1 and x2, the x1 and x2 combination that maximises Luke's utility will also maximise the product of x1 and x2. This is so that, given the same income and prices, if one combination of x1 and x2 gives a higher utility than another combination of x1 and x2, Luke will then pick the combo that has the greatest utility. Given his income and the costs of x1 and x2, Luke will therefore go for the x1 and x2 combination that provides him with the greatest utility.

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The following coordinates are the vertices of a triangle.
Answer below in exact radical form or as a decimal rounded to at least
two decimal places.
K (8,-1) L (-9, 5) M (-10,-7)
What is the length of KL?

Answers

According to the given question the length of KL is 18.03 units.

What is length?

Length is the term used for identifying the size of an object or distance from one point to the other.

The length of KL can be found using the distance formula between two points:

√((x2 - x1)^2 + (y2 - y1)^2), where (x1, y1) and (x2, y2) are the coordinates of the two points.

So, the length of KL is:

√((-9 - 8)^2 + (5 + 1)^2) = √((-17)^2 + 6^2) = √(289 + 36) = √(325) = 18.03.

Rounded to two decimal places, the length of KL is 18.03 units.

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A circle has a diameter of 12 inches. what is the best approximation of its area? use 3.14 to approximate for π.

Answers

The best approximation of the area of the circle is 113.04 square inches.

A circle is a shape with all points equidistant from a central point, known as the center. The distance from the center to any point on the edge of the circle is called the radius.

It can be calculated using the formula π [tex]r^2[/tex], where r is the radius.

Since the diameter of the circle is 12 inches, the radius would be half of that which is 6 inches.

So, the area would be approximately 3.14 * [tex]6^2[/tex] = 113.04 square inches.

Therefore, The best approximation of the area of the circle is 113.04 square inches.

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flinn started a campfire while his friends collected firewood. the wood pile had 5 sticks left over from yesterday, and flinn's friends added 7 sticks to the pile every minute. flinn took 3 sticks from the wood pile every minute and added tihem to the fire. how many minutes will it take the group to make a wood pile of 45 sticks?

Answers

It will take the group 10 minutes to make a wood pile of 45 sticks.

A linear equation is an algebraic equation with simply a constant and a first-order (linear) component of the form y=mx+b, where m is the slope and b is the y-intercept. The above is sometimes referred to as a "linear equation with two variables," where y and x are the variables.

Ax+By=C is the typical form for linear equations in two variables. 2x+3y=5, for example, is a simple linear equation. It is rather simple to get both intercepts when an equation is stated in this way (x and y).

Let's call the number of minutes passed "t".

The total number of sticks in the wood pile after t minutes is given by the equation:

Woodpile = 5 + 7t - 3t = 5 + 4t

We want to find the time t it takes for the wood pile to have 45 sticks:

45 = 5 + 4t

Subtract 5 from both sides:

40 = 4t

Divide both sides by 4:

t = 10

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in a football competition there are 4 teams. each team plays each other once. what is the total number of matches played

Answers

The total number of matches played are 6 matches.

Total Football Matches

The number of matches in a round-robin tournament is given by n(n-1)/2, where n is the number of teams.

In this case, n=4, so the number of matches = 4(4-1)/2 = 6.

The formula n(n-1)/2 is a combinatorial calculation for the number of unique pairings possible among n items.

In the context of a round-robin tournament, n is the number of teams, and each team must play every other team exactly once. This means that each match must involve two unique teams.

The formula n(n-1)/2 calculates the number of unique pairs that can be formed from n items. The numerator (n-1) represents the number of elements available to be paired with the first element, then n-2 for the second element and so on. Dividing by 2 accounts for double-counting the same pairs, as each pair can be counted twice (once for each team in the pair).

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you are in charge of the cake for a child's birthday. you have decided the cake will have one candle for each year of their total age. they will only be able to blow out the tallest of the candles. count how many candles are tallest.

Answers

So normally, the way i am doing so is by moving from each place of the array comparing each other with two for cycles, the second cycle will count the iterate numbers, some people use Math.max imported function.

int birthdayCakeCandles(vector<int> candles) {

   int count = 0;

   int max = 0;

for(size_t i = 0; i < candles.size() ; i++)

   {

       int num = candles[i];

       if (num > max)

       {

           max = num.

           count = 1.

       } else if (max == num)

       {

           count++.

       }

   }

   return count.

}

This should be much clear, iterate through the array find max if max already exists again increase count, if some other element greater than max set it to max and reset count to 1.

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Solve for x, then find the measurement of the angle given: m (a + 28)° = 2a°

Answers

Based on the Alternate Interior Angles Theorem, the value of a is 28.

What is the Alternate Interior Angles Theorem?

The Alternate Interior Angles Theorem states that when two parallel lines are cut by a transversal, the pairs of angles on the same side of the transversal and inside the parallel lines are congruent.

Therefore,

(a + 28)° = 2a° based on the Alternate Interior Angles Theorem.

Solve to find a:

To find the value of a in this equation we can start isolating it.

(a + 28)° = 2a°

We can subtract a° from both sides:

28° = a°

Thus the value of a is 28.

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Maggie and her iter bought a gift for their mother that cot $54. Maggie contributed $26 to the cot of the gift. Write an addition equation that could be ued to find how much money, , Maggie’ iter contributed to the gift

Answers

The equation that represents the contribution of Maggie’s sister is x = Total cost - Maggie contribution

What is an equation?

An equation is the equality between two algebraic expressions, which have at least one unknown or variable.

Information about the problem:

Total cost = $54

Maggie contribution = $26

Maggie’s sister contribution = x

The function that models the situation is the following:

x = Total cost - Maggie contribution

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Correctly written question:

Maggie and her sister bought a gift for their mother that cots $54. Maggie contributed $26 to the cost of the gift. Write an addition equation that could be used to find how much money, Maggie’s sister contributed to the gift

9, 10, 11, and 12 express the triple integral ∭ef(x,y,z)dv as an iterated integral for the given function f and solid region e. evaluate the iterated integral.

Answers

The triple integral ∭ef(x,y,z)dv = ∭ [ [tex]\int\limits[/tex] xy dz ] dxdy {D: 0≤x≤2, x≤y≤2 } as an iterated integral for the given function.

In three-dimensional space R3, a point with rectangular coordinates (x, y, z) can be identified with cylindrical coordinates (r,θ,z) and vice versa. We can use these same conversion relationships, adding z as the vertical distance to the point from the x y-plane

As the name implies, triple integrals are 3 successive integrations, used to calculate a volume, or to integrate in a 4th dimension, over 3 other independent dimensions.

In two-dimensional space R2, a point with rectangular coordinates (x, y) can be identified with (r, θ) in polar coordinates and vice versa, where x=rcosθ, y=rsinθ, r²=x²+y² and tanθ=(y.x) are the relationships between the variables.

E is formed by z=0, x=0, y=x, z=4-[tex]y^{2}[/tex]

Assuming the projection of the spatial region E to the xoy plane is D, surface surrounding upper part of E is z(upper) = (x,y)

The surface surrounding lower part of z(down)  = (x,y)

Then,

E : z(down)(x,y) ≤ z ≤ z(upper) (x,y)

Therefore,

The triple integral∭ef(x,y,z)dv = ∭ [ [tex]\int\limits[/tex] xy dz ] dxdy {D: 0≤x≤2, x≤y≤2 } as an iterated integral for the given function.

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Find the prelmage of the point (4, 3) under the given transformation.
A transformation T: (x,y) → (x-2, y + 3)

Answers

The prelmage of the point (4, 3) under the transformation is

How to determine the preimage

From the question, we have the following parameters that can be used in our computation:

Image = (4, 3)

Transformation: (x,y) → (x-2, y + 3)

Using the above as a guide, we have the following:

(x-2, y + 3) = (4, 3)

So, we have

x - 2 = 4

y + 3 = 3

Evaluate

(x, y) = (6, 0)

Hence, the preimage is (6, 0)

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find the measure of each angle indicated

Answers

Answer:

90

Step-by-step explanation:

total is 360

so 360-120-2*75 =90

) how many ways are there to assign 8 keys to 2 people, if each person must have at least one key? (b) how many ways are there to put 8 keys on 2 distinct key rings of four keys each? key rings that are flipped or rotated are considered the same.

Answers

Total number of ways for the 8 keys as per the given condition are:

a. Assigned to 2 people : 1024 ways

b. 8 keys to put on 2 different key rings = 12 ways.

a. Total number of keys to be assigned = 8

Number of people keys to be assigned = 2

If each person has at least 1 key

More than one key is assigned to two people that is 2, 3,4,5,6,7

Maximum 7 keys are assigned to one people

Number of ways keys assigned to 2 people

= (2¹× 2⁷) + (2²× 2⁶) + (2³× 2⁵) +(2⁴× 2⁴)

= 2⁸ + 2⁸ + 2⁸ + 2⁸

= 4 ( 2⁸)

= 4 ( 256 )

= 1024ways

b. Number of ways to put 8 keys to put in 2 distinct ring with 4 keys each

= 2 ( 4 - 1 )!

= 2 (3!)

= 12 ways

Therefore, the number of ways to assigned for different conditions are:

a. To 2 people at least one key to each person : 1024 ways.

b. 8 keys to put in 2 rings = 12 ways.

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For each value of w determine whether it is a solution to 53=9w-1

-10
9
6
-1

Answers

Answer:

Hi.....Sorry bro...I can't understand...My bad, I am only 12 years old..

Answer:

6

Step by Step explanation:

If you replace the w with 6 you get 53.

[PLS HELP WILL GIVE BRAINLIEST!!]
Determine the value of x.

Answers

Answer:

The value of x is 8.1

Step-by-step explanation:

We can use SOH CAH TOA to find our answer.

In this acronym, O is the opposite side, A is the adjacent side, and H is the hypotenuse. S is for the SIN function. C is for the COS function. T is for the TAN function.

We can calculate the length of the string by using the COS function.

So we can say the tangent of angle [tex]\beta[/tex] is the opposite side divided by the adjacent side.

[tex]tan( \beta)=\frac{O}{A}[/tex]

We are given the angle and the opposite side. We are looking for the adjacent side.

Lets solve for [tex]A[/tex].

Take the reciprocal of both sides.

[tex]\frac{1}{tan(\beta)} =\frac{A}{O}[/tex]

Multiply both sides by [tex]O[/tex].

[tex]\frac{1}{tan(\beta)} *O=A[/tex]

We are given

[tex]\beta=56\textdegree \\O=12[/tex]

[tex]\frac{1}{tan(56)} *12=A[/tex]

[tex]A=8.0941022[/tex]

How to Convert Grams to Moles and Vice Versa

Answers

The total atomic masses of a compound's constituent atoms, expressed in grams per mole, make up the compound's molar mass.

What is the difference between Grams and Moles?

You must adhere to the grams to moles formula in order to accurately calculate the number of moles, n, of a substance with a given mass, m, (in grams): The molar mass of this substance is M, and n = m / M.

The atomic mass of an element is multiplied by the number of its atoms. Add the values once you've completed this for all the atoms to determine the amount of grams in a mole.

A compound's molar mass is determined by adding the atomic masses of all of its constituent atoms together in grams per mole. The number of moles in a compound cannot be measured physically, but we may connect its mass to the number of moles by utilizing the molar mass of the compound as a direct conversion factor.

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Skylar's monthly bank statement showed the following deposits and withdrawals:
$107.51, $102.07, -−$99.71, -−$17.66, $110.57
If Skylar's balance in the account was $80.83 at the beginning of the month, what was the account balance at the end of the month?

Answers

The account balance at the end of the month is $62.47

What is bank statement?

A bank statement is an official summary of financial transactions occurring within a given period for each bank account held by a person or business with a financial institution

The total deposits in the account is

$107.51, $102.07 = $209.58

Total withdrawals in the account is:

−$99.71, -−$17.66, $110.57=$227.94

To get the account balance at the month end:

Add the opening balance with the total deposits and substract the withdrawals from it

($80.83+$209.58) - $227.94

$290.41 - $227.94

=$62.47

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A Ferris wheel is 45 meters in diameter and boarded from a platform that is 1 meters above the ground. The six o'clock position on the Ferris wheel is level with the loading platform. The wheel completes 1 full revolution in 8 minutes. How many minutes of the ride are spent higher than 35 meters above the ground?

Answers

If A Ferris wheel is 45 meters in diameter and boarded from a platform that is 1 meters above the ground. The number of minutes  of the ride that are spent higher than 35 meters above the ground is: 2minutes.

How to find the number of minutes?

Ferris wheel radius = 45/2

Ferris wheel radius = 22.5 meters

When the Ferris wheel is at the 12 o'clock position, the center of the wheel is at a height of 22.5 + 1 = 23.5 meters above the ground.

When the Ferris wheel is at the 3 o'clock position, the highest point on the wheel is at a height of (22.5 + 1) + (22.5) = 46 meters above the ground.

So the time spent higher than 35 meters is the time spent between 3 o'clock and 12 o'clock positions, which is a quarter of the full revolution time is:

Time spent higher than 35 meters = 8/4

Time spent higher than 35 meters = 2 minutes

Therefore the time spent higher than 35 meters is 2 minutes.

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Write a polynomial function f of least degree that has rational coefficients, a leading coefficient of 1, and the given
zeros. Write the function in standard form.
4, - √5
f(x) =

Answers

Answer:

f(x) = x^2 - 4x - √5

Step-by-step explanation:

A polynomial function of least degree with rational coefficients, a leading coefficient of 1, and zeroes at 4 and -√5 can be written as:

f(x) = (x - 4)(x + √5)

This is a polynomial of degree 2 (a quadratic), and it has rational coefficients as it is made up of two binomials, both of which have integers as their coefficients. The leading coefficient is 1, and the zeroes are at 4 and -√5.

In standard form, f(x) = ax^2 + bx + c, we can write it as

f(x) = x^2 - 4x - √5

Note that the above polynomial uses irrational numbers, which are not rational coefficients, but it has zeroes at the given value of 4 and -√5.

On a piece paper, graph f(x)=2 x (0.5)^x. Then determine which answer choice matches the graph you drew.

Answers

For given function, Graph is provided in image.

What is a function?

A function is defined as a relation between a set of inputs having one output each. In simple words, a function is a relationship between inputs where each input is related to exactly one output. Every function has a domain and co-domain or range. A function is generally denoted by f(x) where x is the input. The general representation of a function is y = f(x).

There are several types of functions in math. Some important types are:

Injective function or One to one function: When there is mapping for a range for each domain between two sets.

Surjective functions or Onto function: When there is more than one element mapped from domain to range.

Polynomial function: The function which consists of polynomials.

Inverse Functions: The function which can invert another function.

Graph for function f(x)=2*(0.5)^x is provided in image.

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determine if f left parenthesis x right parenthesis is continuous at x equals 6. if not, select the option with the correct reasoning as to why not.

Answers

The given function is continuous for all values of x between 0 to 6.

and the function is discontinuous because it is not defined on -2≤x<0

.

A continuous function in mathematics is a function without discontinuities, or any sudden changes in value. If we can guarantee arbitrarily small changes in the input of a function by limiting small enough changes, then the function is continuous. The function supplied is said to as discontinuous if it is not continuous. In other words, if we can draw the graph of the function around a given point without removing the pen from the plane of the paper, we may say that a function is continuous at that point.

Determine the value of the function -

[tex]f(x)=\sqrt{\frac{6x}{x+2}}[/tex] is continuous or not continuous,

The given function is continuous for all values of x between 0 to 6.

and the function is discontinuous because it is not defined on -2≤x<0.

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what units are on both sides of the equation: x = vt 1/2at2?

Answers

The units on both sides of equation x = vt + 1/2at^2 are units of distance or length.

On the left side of the equation, x represents the position or distance traveled by an object. On the right side of the equation, vt represents the distance traveled by the object due to its initial velocity (v) in a specific time interval (t). The second term, 1/2at^2, represents the additional distance traveled due to acceleration (a) of the object in that same time interval.

The units of v, a, and t will affect the units of the entire equation. For example, if v is measured in meters per second, a in meters per second squared, and t in seconds, then x will be measured in meters. It is important to ensure consistent units throughout any calculation to obtain accurate results.

Therefore, The units on both sides of equation x = vt + 1/2at^2 are units of distance or length.

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f(n) = 2n
a. f(5) =
b. f(0) =

Answers

Answer:

a.f (n)=2n

=2×n

=2×5

=10

b.f (n)=2n

=2×n

2×0

=0

if a1 = 3 and an = 4an - 1 - 4 then find the value of a3

Answers

Answer:
the value of a3 is 39.

Step-by-step explanation:

The given equation is a recursive formula for the sequence a(n) = 4a(n-1) - 1 - 4. This means that a(n) is defined in terms of the previous term in the sequence, a(n-1).

Given that a1 = 3, we can use this as the starting point and apply the recursive formula repeatedly to find the value of a3.

a2 = 4a1 - 1 - 4 = 4(3) - 1 - 4 = 11

a3 = 4a2 - 1 - 4 = 4(11) - 1 - 4 = 39

So the value of a3 is 39.

Answer:

28

Explanation:

Given that a1 = 3 and an = 4an-1 - 4

to find a3 we can substitute the value of a3 in terms of a2 and a1.

a3 = 4a2 - 4

and a2 = 4a1 - 4

substituting a2 and a1 in terms of their values we get

a3 = 4(4a1 - 4) - 4

substituting the given value of a1 we get

a3 = 4(4*3 - 4) - 4

a3 = 4(8) - 4 = 32 - 4 = 28

So the value of a3 is 28.

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