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At the end of each month, interest of 1.3% of the amount in an account at that time is added to the account.
(a) Write down the difference equation satisfied by the amount An in the account at the end of the month n.
Hint: An will be equal to a multiple of An-1.
(b) Find the general solution to this difference equation.
(c) If the initial deposit is $1,219, determine how much is in the account after 4 years.
(d) Tom wants to save $23,000 to buy a new car. How many months will it take for Tom to achieve his goal? (Round your answer to the nearest month.)
A water storage tank has the shape of a cylinder with diameter 22 ft. It is mounted so that the circular cross-sections are vertical. If the depth of the water is 20 ft, what percentage of the total capacity is being used? (Round the answer to one..
your specific assignment for this week is to select a type of quantitative data to collect from your own life.nbsp some
If local mortgage rates are 8.5%/year compounded monthly for a conventional 30-yr mortgage, what is the price range of houses they should consider? (Round your answers to the nearest cent.)
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straight upward from the surface of the earth with initial velocity ð‘£0 and assume its height 𑦠𑡠above the surface satisfies the initial value problem
Students in a fifth-grade class were given an exam. During the next 2 years, the same students were retested several times. The average score was given.
find functions f and g so that hx fgxhx1
Rental fee = $2.00 each and the games = $2.50 each. Determine how many of each are rented that evening
the difference of one less than a number and twice the number
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Students per computer The average number of students per computer in public schools for the school years ending after 1985 can be modeled.
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