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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
no questions help me
how do I change 0.68 to a fraction or mixed number
Mr. Rodriquez comments on a recent test. "well, the class average on the test is exactly 83. if I take away the best score, the average is exactly 82." if there are 16 students in
7-four divided by5x is greater than3 divided by 5_
what is 300000000000000000000+612222
I have quite a complex formula I need resolved, I can''t get my head around. I have got so far but I personally don''t know how to proceed further. HELP!
solve 3 different ways (3/x to the 2 power) to the -3power
(x+2) (x+3)
Actually here we're not going to look at a general cubic polynomial. Here we are jsut going to look at f ( x ) = x 3 . Really there isn't much to do here other than only plugging
A student''s tuition was $3008. A loan was obtained for 7/4 of the tuition. How much was the loan? The student''s loan was for?
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