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Applications of exponential function: Principal, rate, time.
A person deposits $3,000 in a bank account which pays 3% annual interest compounded continuously. How many years will it take for the amount of money in the account to double? Use the above process to determine an exact solution and the check your solution using the estimate of the "law of 72".
What is the probability of winning a lottery in which you must choose 4 numbers from the number 1 through 15.
Given the following annual net cash flows, determing the IRR to the nearest whole percent of a project with an initial outlay of $1520.
let p(x) = 7- 3(x-4)+5(x-4)^2 - 2(x-4)^3 + 6(x-4)^4 be the fourth degree of polynomial for the function f about 4. Assume f has derivatives of all real orders.
Two minor league baseball players got a total of 300 hits. Washington got 12 more hits then Sanchez. Find the number of hits for each player.
Let M be a two by two matrix for which each element is a real number, and let S be the set of all such matrices. Consider the mapping f of S to the real numbers R defined by the relation f(M) = determinant of M.
During the first part of a trip a canoeist travels 62 miles at a certain speed. The canoeist travels 17 miles on the second part of the trip at a speed 5 mph slower. The total time for the trip is 4 hrs. What was the speed on each part of the trip..
what are the dimensions of the silo (radius and height of cylindrical tower) that minimize the cost of the material? Assume the silo has no floor and no flat ceiling under the dome.
A rancher wants to fence in an area of 2000000 square feet in a rectangular field and then divide it in half with a fence down the middle parallel to one side. What is the shortest length of fence that the rancher can use?
Service station cars arive randomly at a rate of 1 car every 30 min. the average time to change oil on a car is 20 min. both the time between arrivals and service time can be modeled using the negative exponential Poisson distribution.
what is the annual interest rate or delinquent. what other penalties might you be subject to besides late fees? considering what you have found. is this card a good deal or not? explain your answe.
If the outside of a picture frame measures 9 in by 15 in. of the picture shows. Find the thickness of the frame?
Find the equation of the line that passes through the points (3,1) and (2,-1). Write the equation in slope-intercept form.
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