Reference no: EM132251915
Question: 1. Think of something you want or need for which you currently do not have the funds. It could be a vehicle, boat, horse, jewelry, property, vacation, college fund, retirement money, or something else. Pick something which cost somewhere between $2000 and $50,000.
2. On page 270 of Elementary and Intermediate Algebra you will find the "Present Value Formula," which computes how much money you need to start with now to achieve a desired monetary goal. Assume you will find an investment which promises somewhere between 5% and 10% interest on your money and you want to purchase your desired item in 12 years. (Remember that the higher the return, usually the riskier the investment, so think carefully before deciding on the interest rate.)
3. State the following in your discussion:
• The desired item
• How much it will cost in 12 years
• The interest rate you have chosen to go with from part b
1. Set up the formula and work the computational steps one by one, explaining how each step is worked, especially what the negative exponent means. Explain what the answer means.
2. Does this formula look familiar to any other formulas you are aware of? If so, which formula(s) and how is it similar?
3. Incorporate the following five math vocabulary words into your discussion. Use bold font to emphasize the words in your writing (Do not write definitions for the words; use them appropriately in sentences describing your math work.):
• Power
• Reciprocal
• Negative exponent
• Position
• Rules of exponents
Your initial post should be 150-250 words in length.
How social responsibility can specifically impact business
: For your discussion, describe how social responsibility can specifically impact your business and whom it affects. What can you do to.
|
Determine the number of units of Widgets for Dorchester
: Current variable costs are $4 a unit and fixed costs are expected to total of $149,000. Determine the number of units of Widgets for Dorchester
|
Determine dollar value of sales for Dorchester to breakeven
: During FY 2019, Dorchester Company plans to sell Widgets for $10 a unit. Determine dollar value of sales for Dorchester to breakeven
|
Standard deviation of men heights
: We measure the heights of 45 randomly chosen men, and get a mean height of 180 cm.
|
Explain what the negative exponent means
: Think of something you want or need for which you currently do not have the funds. It could be a vehicle, boat, horse, jewelry, property, vacation.
|
Determine the amount of factory overhead applied in february
: During the month of February 2019, actual direct labor hours of 8,700 were incurred. Determine the amount of factory overhead applied in February
|
What is the ph of the syrup
: Syrup reveals concentration of OH- ions is 5.0 x 10 to the negative 8th power M. What is the pH of the syrup?
|
Mixing water with lemon juice and sugar
: 1. Lemonade is a solution made by mixing water with lemon juice and sugar.
|
Describe collaborative steps or processes used
: MBA515 Describe how you made decisions in MBA515. Quantitatively, you worked 41 or more problems in Connect. You learned many formulas and processes.
|