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In this last section of this chapter we have to look at some applications of exponential & logarithm functions.
Compound Interest
This first application is compounding interest & there are in fact two separate formulas which we'll be looking at here. Let's get first those out of the way.
If we were to put P dollars in an account which earns interest at a rate of r (written as a decimal) for t years (yes, it have to be years) then,
1. if interest is compounded m times per year we will have t m
A = P (1 + (r /m)tm
dollars after t years.
2. if interest is compounded continuously then we will have
A = Pert
Sketch the graph of function. f ( x ) =3x + 6 /x -1 Solution Thus, we'll start off with the intercepts. The y-intercept is, f (0) =6/-1=-6⇒ (0, -6)
#question. What is central theme in algebra?
Ask ques1. Isaac goes to an amusement park where tickets for the rides cost $10 per sheet and tickets for the shows cost $15 each. (a) Write an expression that describes the amount
if a-2b=5 then a3-8b3-30ab
-1/5t>7 -
I need help with this equation: x^3 - 7x^2 + 5x + 35 = 0
#If the common factor is known how do you find what the entire equation be (ex: A varies directly with t^2; A=8 when t=2. What is the formula?)
What would an equation of this line passing through each pair of points given?
y=2x 2x
x+6=2x+5
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