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

Math question, Do you have any helpful hints for solving equations?

Do you have any helpful hints for solving equations?

Bear population a word problem, To estimate the size of the bear population...

To estimate the size of the bear population in Keweenaw Pennisula, conservationists captured, tagged and released 50 bears. One year later, a random sample of 100 bears included on

Sketch the graph of ellipses, Example:   Sketch the graph of ellipses.  ...

Example:   Sketch the graph of ellipses.                                  (x +2) 2 /9 + ( y - 4) 2 /25 =1 Solution So, the center of this ellipse is ( -2, 4) and as usua

Decimals, in her last gymnastics competition Keri scored a 5.6 on the floor...

in her last gymnastics competition Keri scored a 5.6 on the floor exercise, 5.85 on the vault and 5.90 on the balance beam. what was keri''s total?

Examples of polynomial, Examples of  polynomial that  doesn't factor No...

Examples of  polynomial that  doesn't factor Now, all of the examples that we've worked to this point comprised factorable polynomials. However, that doesn't have to be the cas

Standard form of a quadratic, First, the standard form of a quadratic equat...

First, the standard form of a quadratic equation is                                   ax2 + bx + c = 0                          a ≠ 0 Here the only needs are that we have an

Methods of elimination - linear systems, Methods of elimination Example...

Methods of elimination Example 1 Solve out the given system of equations. x - 2 y + 3z = 7 2 x + y + z = 4 -3x + 2 y - 2 z = -10 Solution We will try and find

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