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

Solving systems of equations by substitution, How do you find y & x equal w...

How do you find y & x equal with -4x+y=6 and -5x-y=21

Example of linear equations, In a certain Algebra class there is a total 35...

In a certain Algebra class there is a total 350 possible points. These points come through 5 homework sets which are worth 10 points each and 3 hour exams that are worth 100 points

Angles of triangle, The measure of the smallest angle is one-third the larg...

The measure of the smallest angle is one-third the largest angle. The measure of the middle angle is 65 less than the measure of the largest angle. Find the measures of the angles

Asymptotes, There are also two lines on each of the graph. These lines are ...

There are also two lines on each of the graph. These lines are called asymptotes and as the graphs illustrates as we make x large (in both the +ve and -ve sense) the graph of the h

Intercepts point, We have to probably do a quick review of intercepts befor...

We have to probably do a quick review of intercepts before going much beyond.  Intercepts are the points on which the graph will cross the x or y-axis. Determining intercepts is

Exponential growth and decay, There are several quantities out there within...

There are several quantities out there within the world which are governed (at least for a short time period) by the equation,

Reflections, The last set of transformations which we're going to be lookin...

The last set of transformations which we're going to be looking at in this section isn't shifts, but in spite of they are called reflections & there are two of them. Reflection

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

Distance, If a jet can travel 600 mph, how long in second will it take the ...

If a jet can travel 600 mph, how long in second will it take the jet to travel 5 miles?

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