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Part 1:
You have just come into a large sum of money! You make the wise decision to invest the money to use at a later date. Use the exponential equation to find the total amount in the investment account after a certain number of years.
For your problem:
Part 2
Find a classmate's post that you considered informative. Perform the same calculation as your classmate but raise or lower the interest rate by at least 1%. Were you surprised at the difference in the amounts of money in the accounts at the end of the time period? Why or why not? Share your thoughts on the investment with your classmates. Below is the classmate solution
Here are the values I have chosen:p=$10,000r=10%n=12 months(one year)t=20 yearsThis money would be spent on a new home once I retire and settle outside of the Military!
What is the importance of understanding how to set up and solve equations and inequalities.
A Norman window has the shape of a square with a semicircle mounted on it. Find the width of the window if the total area of the square and the semicircle is to be 200ft.
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An expensive fencing along the lots length costs $20 per fott and an inexpensive fencing along the two side widths costs only $8 per foot. the total cost of the fencing along the three sides comes to $3280. What is the area of the lot?
what is the approximate power of each of the following planned studies all using a t-test for independent means at the
Customers arrive into a queue, where they are served, and then depart. We model the time between two successive arrivals by an exponential distribution with an arrival rate l=9
Q. 1 Solve x^2d^2y/dx^2-3xdy/dx+y=sin(log x)/x Q. 2 Verify Stokes theorem for F=(x^2-y^2)i+2xyj in the rectangular region in the xy plane bounded by the lines x=0,x=a,y=0,y=b.
Application of differential calculus in economics: Profit, Cost and Revenue function - What production level maximizes profit?
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A 45-year-old male from the Midwest presented with the following symptoms during February: weakness, fatigue, orthostatic hypotension, weight loss, dehydration, and decreased cold tolerance. His blood chemistry values follow:
Find the side length for a right triangle. Round answer to nearest tenth.
What is the probability
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