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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
what is the definition of e
Tank A contains four times as much as Tank B. Tank C contains 32 L more than Tank A. The three Tanks contain 482 L of water in all. How many liters of water does Tank A contain?
i need help on quadraics formulas
Compounded semiannually P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial P(1 + r/2)^2 represents the valu
What is the effectiveness of new math?
7a + 6b = 14 -7a + b =35 solve by the elimination method
Some of the grouping symbols are braces,brackets,and parentheses.
5x+2x-17=53
Find out the symmetry of equations. y = x 2 - 6x 4 + 2 Solution First we'll check for symmetry around the x-axis. It
-1 1/2+ v = -3 3/10
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