Use the simple interest formula, I = Prt to find the unknown value. a) | = ?, P = $700, r = 10%, t = 5 years b) 1= = $567, A = $2300, P = ? %3D $40, P $900, A = ? %3D c) d) I= $37.92, P = ? , r = 5.2%, t 7 months %3D %3D %3D %3D %3D Calculate the rate per compounding period, i, for each of the followin a) 9% per annum, compounded quarterly b) 6% per annum, compounded monthly c) 4.3% per annum compounded semi-annually Calculate the total number of compounding periods, n, for each of the following. a) compounded semi-annually for 7 years b) compounded monthly for 5 years compounded weekly for 3 years c) Use the compound interest formula, A = P(1 + i)", to find the unknown value. a) A = ?, P = $1300, i 0.06, n 20 %3D %3D 0.05 b) A = $8000, P = ?, i = n 24 %3D

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Matrices

‘Matrices’ is the plural form of the word matrix, and it is basically a spreadsheet in the form of a box. In mathematics, various functions can be carried out with matrices. Generally, a matrix comes in the shape of a square or rectangle. The elements are distributed horizontally in the form of rows, and vertically in the form of columns.