Answer to Question #270186 in Algebra for Enchimm

Question

8. If the investment flow is

f(t) = 5000t ^ (1/4)

calculate the capital formation from the end of the second year to halfway through the fifth year. Give your answer to the nearest whole number.

Answer 1

Given:

f(t) = 5000t^(1/4)

Solution:

From the end of the second year of the investment to the fifth year, there will be 36 months, and so t = 36.

f(36) = 5000*36^1/4 = 12247.4487

Answer: 12247.4487