Can you please help me with only number 11
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Can you please help me with only number 11
Transcribed Image Text:11. APPLICATION Suppose you deposit $500 into an account that earns 6% annual interest. WOITA A at
You don't withdraw or deposit any additional money for 3 years.
a. If the interest is paid once per year, what will the balance be after 3 years? @ bua eguli yarvil
b. If the interest is paid every six months, what will the balance be after 3 years? This is also
referred to as 6% compounded semiannually. Divide the annual interest rate by 2 to find 0
the semiannual interest rate.
18
c. What will the balance be if you receive 6% compounded quarterly for 3 years? D
d. What will the balance be if you receive 6% compounded monthly for 3 years?
12. APPLICATION Suppose $500 is deposited into an account that earns 6.5% annual interest
and no more deposits or withdrawals are made.
a. If the interest is compounded monthly, what is the monthly rate?
b. What is the balance after 1 month?
c. What is the balance after 1 year?
d. What is the balance after 29 months?
13. Suppose Jill's biological family tree looks like the diagram at right. You can model recur-
sively the number of people in each generation.
a. Make a table showing the number of Jill's ancestors in each of the past five generations.
Use u, to represent Jill's generation.
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