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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
a+2+3(2a-1)
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
how do you do it
the student enrollment at a university is 25,300 is expected to increase by 2% next year. what will the enrollment be then?
M-(-14)=-7
Ask question #Minimum 100 words is accepted# is help available for categories listed above
(2/9+4/9)(1/3-5/8)
x 8/9 + = 6
What do you have to do to be able to answer any problem solving questions (relating to or concerning algebra)?
I have such a hard time understanding them
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