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Mathematics of Finance
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You have just graduated from college and landed your first big job. You have always dreamed of being a homeowner, and after carefully shopping for your dream home, you find one that you would like to purchase at a cost of $250,000. After researching banks to find the best interest rate, you find that Banks for Homeowners offers the best rate of 6% interest that compounds monthly for 30 years.
•What is the monthly payment for this loan?•What is the unpaid balance of the loan at the end of 5 years?•What is the unpaid balance at the end of the 10th year?
Suppose that an object is projected in such a way that its height above the ground in feet after t seconds is given by s(t) = -16t2 +48t + 46. Find the maximum height of the object.
How much money did Bob initially deposit into each account? Solve the equation.
A pilot flies south 100 miles then east 100 miles then north 100 miles and ends up back where she started. Where might she have started?
Two angles are complementary of each other. Twice one angle is equal to the other angle plus the product of three and five. Set up a system of linear equations to represent the two angles.
Definition of a measurable function: the function f is measurable on the interval [a,b] if for all c in R, the set {x in [a,b] : f(x) >c} is measurable.
A javelin is thrown in the air. It's height is given by h(x)= -1/20x^2+8x+6, where x is the horizontal distance in feet from the point at which the javelin is thrown.
In our Learning-Team forum, we are to chose a graphing software/method and 'teach' it to the rest of the class. For this assignment, I have chosen the graphing software "Graph 4.x".
Simple linear regression model
The concessions manager at our local college baseball game must decide whether to have the vendors sell sun visors or umbrellas. There is a 30% chance of rain, a 15% chance of overcast skies, and a 55% chance of sunshine, according to the weather ..
What percentage of total assets was composed of current assets? Total Assets 2004 was $53,902
Find the volume of a frustum of a pyramid with square base of side 30, square top of side 15 and height 10.
Probability : Bayes' Theorem, In a survey, it is found that 10 boys out of hundred are in favor of selecting their life partners themselves without any interference by their parents. Where as only 20 girls out of 500 hold this view.
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