Functions of many variables, Mathematics

There may be more than one independent variable which determines the value of y. The dimension of a function is determined by the number of independent variables in the domain of a function. For example:

y = f(x, z) is a two dimensional function.

y = f(x1, x2, ....xn) is an n-dimensional function.

Example 

In capital budgeting, the net present value (y) of an investment project is defined as a function of the net cash flows in different time periods, project's initial cash outlay, the firm's cost of capital, and the life of the project.

This relationship can be expressed functionally as:

                   y      = f(Ct, B, P, N)

where,

                    C­t    =     net cash flow in time period t (t = 1, 2, ....N)

                   B      =     the project's initial cash outlay

                   P      =     the firm's cost of capital

                   N      =     the life of the project

It is known that this function is:

y  = f(Ct, B, P, N) = 366_functions.png

For any given values of the right hand side independent variables, we can determine the left hand side dependent variable in a unique manner.

Posted Date: 9/13/2012 5:52:49 AM | Location : United States







Related Discussions:- Functions of many variables, Assignment Help, Ask Question on Functions of many variables, Get Answer, Expert's Help, Functions of many variables Discussions

Write discussion on Functions of many variables
Your posts are moderated
Related Questions
round 64 to the nearest 10

INTRODUCTION :  We are often confronted with children not being able to deal with H T 0, i.e. 'hundreds', 'tens' and 'ones' (or 'units'), with comfort, though they are supposed to

calculate the area of a trapezoid with height 8cm base 18cm and 9cm



Describe Multiplication and Division Equations? Multiplication Equations :  To solve multiplication equations, divide both sides of the equation by the number being multiplie


2qt :6qt::x :48? help me solve x

in and ap 1,2,3,4,5,6,7,8,9 11,12,13,14,15,16,17,18,19 and like that nonzzero digit find tn Solution) First break the ''n'' number in terms of 10''s power. For e.g if n=3259 wri

Determine the equation of the plane that consists of the points P = (1, -2, 0), Q = (3, 1, 4) and R = (0, -1, 2). Solution To write down the equation of plane there is a re