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

#title.algebra help., use substitution method to solve this equation x+y=2...

use substitution method to solve this equation x+y=20 y= -5x

Use the quadratic formula to solve equation, A college student invested par...

A college student invested part of a $25,000 inheritance at 7% interest and the rest at 6%.  If his annual interest is $1,670 how much did he invest at 6%?  If I told you the answe

Solving problem using polynomial inequalities, Example Solve 3x 2 - 2 x -...

Example Solve 3x 2 - 2 x -11 = 0. Solution In this case the polynomial doesn't factor thus we can't do that step.  Though, still we do have to know where the polynomial i

Synthetic division, Actually we will be seeing these sort of divisions so f...

Actually we will be seeing these sort of divisions so frequently that we'd like a quicker and more efficient way of doing them. Luckily there is something out there called syntheti

Eoc review, three consecutive odd integers such that the s f the first and ...

three consecutive odd integers such that the s f the first and second is 31 less than 3 times the third. find the inters.

Quadratic Equations, I am finishing a quadratic equation problem and I am ...

I am finishing a quadratic equation problem and I am left with 3 plus or minus the square root of 361 all over 2. what next?

Determine the matrix of the transformation, Consider the linear transformat...

Consider the linear transformation     (a)  Find the image of (3 , -2 , 3) under T. (b)  Does the vector (5, 3) belong to the range of T? (c)  Determine the matrix of the trans

Ixl, 2.51 x 10^14 >

2.51 x 10^14 >

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