Difference between revisions of "Math 22 Natural Exponential Functions"
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'''Exercises''' Find the balance in an account when <math>\$3000</math> is deposited for 10 years at an interest rate of 4, compounded as follows. | '''Exercises''' Find the balance in an account when <math>\$3000</math> is deposited for 10 years at an interest rate of 4, compounded as follows. | ||
− | '''a)''' | + | '''a)''' Quarterly |
{| class = "mw-collapsible mw-collapsed" style = "text-align:left;" | {| class = "mw-collapsible mw-collapsed" style = "text-align:left;" | ||
!Solution: | !Solution: | ||
Line 19: | Line 19: | ||
|} | |} | ||
+ | '''a)''' Quarterly | ||
+ | {| class = "mw-collapsible mw-collapsed" style = "text-align:left;" | ||
+ | !Solution: | ||
+ | |- | ||
+ | |<math>(8^{\frac{1}{2}})(2^{\frac{1}{2}})=(8\cdot 2)^{\frac{1}{2}}=16^{\frac{1}{2}}</math> | ||
+ | |} | ||
+ | |||
+ | '''a)''' Monthly | ||
+ | {| class = "mw-collapsible mw-collapsed" style = "text-align:left;" | ||
+ | !Solution: | ||
+ | |- | ||
+ | |<math>(8^{\frac{1}{2}})(2^{\frac{1}{2}})=(8\cdot 2)^{\frac{1}{2}}=16^{\frac{1}{2}}</math> | ||
+ | |} | ||
+ | |||
+ | '''a)''' Daily | ||
+ | {| class = "mw-collapsible mw-collapsed" style = "text-align:left;" | ||
+ | !Solution: | ||
+ | |- | ||
+ | |<math>(8^{\frac{1}{2}})(2^{\frac{1}{2}})=(8\cdot 2)^{\frac{1}{2}}=16^{\frac{1}{2}}</math> | ||
+ | |} | ||
+ | |||
+ | '''a)''' Continuously | ||
+ | {| class = "mw-collapsible mw-collapsed" style = "text-align:left;" | ||
+ | !Solution: | ||
+ | |- | ||
+ | |<math>A=Pe^{rt}=3000(e^{0.04}{10})</math> | ||
+ | |} | ||
Revision as of 07:02, 11 August 2020
Limit Definition of Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle e}
The irrational number Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle e} is defined to be the limit: Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle \lim_{x\to 0} (1+x)^{\frac{1}{x}}=e} Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle e\approx 2.71828182846}
Compound Interest
Let Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle P} be the amount deposited, Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle t} the number of years, Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle A} the balance, and Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle r} the annual interest rate (in decimal form). 1. Compounded Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle n} times per year: Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle A=P(1+\frac{r}{n})^{rt}} 2. Compounded continuously: Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle A=Pe^{rt}}
Exercises Find the balance in an account when Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle \$3000} is deposited for 10 years at an interest rate of 4, compounded as follows.
a) Quarterly
Solution: |
---|
Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle (8^{\frac{1}{2}})(2^{\frac{1}{2}})=(8\cdot 2)^{\frac{1}{2}}=16^{\frac{1}{2}}} |
a) Quarterly
Solution: |
---|
Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle (8^{\frac{1}{2}})(2^{\frac{1}{2}})=(8\cdot 2)^{\frac{1}{2}}=16^{\frac{1}{2}}} |
a) Monthly
Solution: |
---|
Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle (8^{\frac{1}{2}})(2^{\frac{1}{2}})=(8\cdot 2)^{\frac{1}{2}}=16^{\frac{1}{2}}} |
a) Daily
Solution: |
---|
Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle (8^{\frac{1}{2}})(2^{\frac{1}{2}})=(8\cdot 2)^{\frac{1}{2}}=16^{\frac{1}{2}}} |
a) Continuously
Solution: |
---|
Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle A=Pe^{rt}=3000(e^{0.04}{10})} |
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