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1. At the end of two (2) years, a savings account has a balance of $1,172.60 and he interest rate is compounded monthly at 3.2%. What was the original amount that was deposited two years ago?
2. $100,000 is invested in a 6.5% interest-bearing certificate compounded semi-annually. Find the amount of money in the account at 0, 4, 8 and 10 years.
3. $2,000 is invested in my new loan program at interest rate (r). I compound continuously and the funds are grown to $2,983.65 in 5 years. What was the interest rate (r) used? (Hint - use ln)
4. Looking at Problem 3, please determine:
(a) What will the balance be in ten (10) years?
(b) How long will it take to double the funds (to $4,000) at the interest rate you calculated above?
earl miller a lawyer charges lees plumbing his client 22 of what he can collect for lee from customers whose accounts
1. integrate the following2. for each of the following pairs of functions graph each one together in desmos show on
Determine the optimal production plan, i.e. , how many cupboards to produce each day in order to minimize the total production cost.
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However in discrete mathematics we often work with functions from a finite set S with s elements to a finite set T with t elements. Then there are only a finite number of functions from S to T. How many functions are there from S to T in this case..
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The length l and width w .... are increasing at a rate of 4 ft/min while its height h is decreasing a rate of 8 ft/min. find the rate at which the surface area of the box is increasing when l=6, w=h=3 feet
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