Answer: F(x) > 0 in the ranges (-0.7, 0.76) and (0.76, ∞).
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Response:
$144,843.5
Detailed explanation:
In this scenario, we will utilize the compound interest formula
A= P(1+r)^t
A = final amount
P = initial principal
r = interest rate
t = number of periods
Given parameters
P= $27,000
R= 7.25%= 7.25/100= 0.0725
T= 24
A=27000(1+0.0725)^24
A= 27000(1.0725)^24
A= 27000*5.364
A= $144,843.5
By the end of 24 years, her account balance will reach $144,843.5