Applications of logarithmic equation, Algebra

Assignment Help:

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

             dollars after t years.


Related Discussions:- Applications of logarithmic equation

College Algebra 136, #question: A large grain silo is to be constructed in...

#question: A large grain silo is to be constructed in the shape of a circular cylinder with a hemisphere attached to the top (see the figure). The diameter of the silo is to be 30

Homework help, can you help answer this question please; four algebra formu...

can you help answer this question please; four algebra formulas for Amadeus traveled 760 miles in twice the time it took his nemesis Salieri to travel 220 miles. if Amadeus"s rate

Test , linear functions

linear functions

Algerbra.., ??2+??2+16??-18??+145=25 Standard form (x-h)^2 +(y-k)^2 k (x...

??2+??2+16??-18??+145=25 Standard form (x-h)^2 +(y-k)^2 k (x^2+16x+64)^2+(y^2-18y+81)^2=25 (x+8)^2+(y-9)^2=120 (h,k)=(8,-9) R=5 Intercepts

Household Water Use, During a recent rainy day, 72 mm of rain was recorded....

During a recent rainy day, 72 mm of rain was recorded. Calculate how many litres of water will be collected from the roof and stored in the water tank. Remember The volume V

Equations, if a-b equals 73 what is a

if a-b equals 73 what is a

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd