Contemporary Mathematics for Business & Consumers
8th Edition
ISBN: 9781305585447
Author: Robert Brechner, Geroge Bergeman
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 11, Problem 15AT
To determine
To calculate: The compound amount and the compound interest for an investment with principal
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Page <
1
of 2
-
ZOOM +
1) a) Find a matrix P such that PT AP orthogonally diagonalizes the following matrix
A.
= [{² 1]
A =
b) Verify that PT AP gives the correct diagonal form.
2
01
-2
3
2) Given the following matrices A =
-1
0
1] an
and B =
0
1
-3
2
find the following matrices:
a) (AB) b) (BA)T
3) Find the inverse of the following matrix A using Gauss-Jordan elimination or
adjoint of the matrix and check the correctness of your answer (Hint: AA¯¹ = I).
[1 1 1
A = 3 5 4
L3 6 5
4) Solve the following system of linear equations using any one of Cramer's Rule,
Gaussian Elimination, Gauss-Jordan Elimination or Inverse Matrix methods and
check the correctness of your answer.
4x-y-z=1
2x + 2y + 3z = 10
5x-2y-2z = -1
5) a) Describe the zero vector and the additive inverse of a vector in the vector
space, M3,3.
b) Determine if the following set S is a subspace of M3,3 with the standard
operations. Show all appropriate supporting work.
13) Let U = {j, k, l, m, n, o, p} be the universal set. Let V = {m, o,p), W = {l,o, k}, and X = {j,k). List the elements of
the following sets and the cardinal number of each set.
a) W° and n(W)
b) (VUW) and n((V U W)')
c) VUWUX and n(V U W UX)
d) vnWnX and n(V WnX)
9) Use the Venn Diagram given below to determine the number elements in each of the following sets.
a) n(A).
b) n(A° UBC).
U
B
oh
a
k
gy
ท
W
z r
e t
་
C
Chapter 11 Solutions
Contemporary Mathematics for Business & Consumers
Ch. 11.I - Gail Parker invested $10,000 at 6% interest...Ch. 11.I - Jenny Chao invested $20,000 at 6% interest...Ch. 11.I - Prob. 3TIECh. 11.I - Jill Quinn invested $7,000 in a certificate of...Ch. 11.I - Prob. 5TIECh. 11.I - Prob. 1RECh. 11.I - For the following investments, find the total...Ch. 11.I - For the following investments, find the total...Ch. 11.I - Prob. 4RECh. 11.I - Prob. 5RE
Ch. 11.I - Prob. 6RECh. 11.I - For the following investments, find the total...Ch. 11.I - Prob. 8RECh. 11.I - Prob. 9RECh. 11.I - Manually calculate the compound amount and...Ch. 11.I - Prob. 11RECh. 11.I - Prob. 12RECh. 11.I - Prob. 13RECh. 11.I - Prob. 14RECh. 11.I - Prob. 15RECh. 11.I - Prob. 16RECh. 11.I - Using Table 11-1, calculate the compound amount...Ch. 11.I - Prob. 18RECh. 11.I - Prob. 19RECh. 11.I - The following investments require table factors...Ch. 11.I - Prob. 21RECh. 11.I - Prob. 22RECh. 11.I - Prob. 23RECh. 11.I - Prob. 24RECh. 11.I - Prob. 25RECh. 11.I - For the following investments, compute the amount...Ch. 11.I - For the following investments, compute the amount...Ch. 11.I - Prob. 28RECh. 11.I - Solve the following word problems by using Table...Ch. 11.I - Prob. 30RECh. 11.I - Solve the following word problems by using Table...Ch. 11.I - Solve the following word problems by using Table...Ch. 11.I - Solve the following word problems by using Table...Ch. 11.I - Solve the following word problems by using Table...Ch. 11.I - Prob. 35RECh. 11.I - Solve the following exercises and word problems by...Ch. 11.I - Prob. 37RECh. 11.I - Prob. 38RECh. 11.I - 39. Gabriel Hopen, a 32-year-old commercial...Ch. 11.I - 40. The FernRod Motorcycle Company invested...Ch. 11.II - Prob. 6TIECh. 11.II - Calculate a new table factor and find the present...Ch. 11.II - Prob. 8TIECh. 11.II - For the following investments, calculate the...Ch. 11.II - Prob. 2RECh. 11.II - Prob. 3RECh. 11.II - Prob. 4RECh. 11.II - Prob. 5RECh. 11.II - For the following investments, calculate the...Ch. 11.II - Prob. 7RECh. 11.II - For the following investments, calculate the...Ch. 11.II - Prob. 9RECh. 11.II - Prob. 10RECh. 11.II - Prob. 11RECh. 11.II - The following investments require table factors...Ch. 11.II - The following investments require table factors...Ch. 11.II - Prob. 14RECh. 11.II - The following investments require table factors...Ch. 11.II - Prob. 16RECh. 11.II - Prob. 17RECh. 11.II - Solve the following word problems by using table...Ch. 11.II - Prob. 19RECh. 11.II - Solve the following word problems by using Table...Ch. 11.II - Prob. 21RECh. 11.II - Solve the following word problems by using table...Ch. 11.II - Prob. 23RECh. 11.II - Prob. 24RECh. 11.II - Solve the following exercises and word problems by...Ch. 11.II - Prob. 26RECh. 11.II - 27. Alana and Eva Rodriguez are planning a...Ch. 11.II - 28. Mike Gioulis would like to have $25,000 in 4...Ch. 11.II - You are the finance manager for Olympia...Ch. 11 - 1. Interest calculated solely on the principal is...Ch. 11 - Prob. 2CRCh. 11 - Prob. 3CRCh. 11 - Prob. 4CRCh. 11 - Prob. 5CRCh. 11 - Prob. 6CRCh. 11 - Prob. 7CRCh. 11 - A shortcut method for calculating approximately...Ch. 11 - Prob. 9CRCh. 11 - Prob. 10CRCh. 11 - Prob. 11CRCh. 11 - Prob. 12CRCh. 11 - Prob. 13CRCh. 11 - 14. To use the compound interest formula and the...Ch. 11 - Using Table 11-1, calculate the compound amount...Ch. 11 - Using Table 11-1, calculate the compound amount...Ch. 11 - Using Table 11-1, calculate the compound amount...Ch. 11 - Prob. 4ATCh. 11 - Prob. 5ATCh. 11 - The following investments require table factors...Ch. 11 - Prob. 7ATCh. 11 - For the following investments, compute the amount...Ch. 11 - Prob. 9ATCh. 11 - Prob. 10ATCh. 11 - Calculate the present value (principal) and the...Ch. 11 - Prob. 12ATCh. 11 - Prob. 13ATCh. 11 - Prob. 14ATCh. 11 - Prob. 15ATCh. 11 - Prob. 16ATCh. 11 - Prob. 17ATCh. 11 - Solve the following word problems by using Table...Ch. 11 - Prob. 19ATCh. 11 - Solve the following word problems by using Table...Ch. 11 - Solve the following word problems by using Table...Ch. 11 - Prob. 22ATCh. 11 - Solve the following word problems by using Table...Ch. 11 - Solve the following word problems by using Table...Ch. 11 - Prob. 25ATCh. 11 - Solve the following word problems by using Table...Ch. 11 - Solve the following word problems by using Table...Ch. 11 - Prob. 28ATCh. 11 - Prob. 29ATCh. 11 - Prob. 30ATCh. 11 - Prob. 31ATCh. 11 - Prob. 32ATCh. 11 - Prob. 33ATCh. 11 - Prob. 34ATCh. 11 - Prob. 35ATCh. 11 - Prob. 36ATCh. 11 - Prob. 37ATCh. 11 - Quinn and Julius inherited $50,000 each from their...Ch. 11 - 39. Greg and Verena Sava need $20,000 in 3 years...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- 10) Find n(K) given that n(T) = 7,n(KT) = 5,n(KUT) = 13.arrow_forward7) Use the Venn Diagram below to determine the sets A, B, and U. A = B = U = Blue Orange white Yellow Black Pink Purple green Grey brown Uarrow_forward8. For x>_1, the continuous function g is decreasing and positive. A portion of the graph of g is shown above. For n>_1, the nth term of the series summation from n=1 to infinity a_n is defined by a_n=g(n). If intergral 1 to infinity g(x)dx converges to 8, which of the following could be true? A) summation n=1 to infinity a_n = 6. B) summation n=1 to infinity a_n =8. C) summation n=1 to infinity a_n = 10. D) summation n=1 to infinity a_n diverges.arrow_forward
- 1) Use the roster method to list the elements of the set consisting of: a) All positive multiples of 3 that are less than 20. b) Nothing (An empty set).arrow_forward2) Let M = {all postive integers), N = {0,1,2,3... 100), 0= {100,200,300,400,500). Determine if the following statements are true or false and explain your reasoning. a) NCM b) 0 C M c) O and N have at least one element in common d) O≤ N e) o≤o 1arrow_forward4) Which of the following universal sets has W = {12,79, 44, 18) as a subset? Choose one. a) T = {12,9,76,333, 44, 99, 1000, 2} b) V = {44,76, 12, 99, 18,900,79,2} c) Y = {76,90, 800, 44, 99, 55, 22} d) x = {79,66,71, 4, 18, 22,99,2}arrow_forward
- 3) What is the universal set that contains all possible integers from 1 to 8 inclusive? Choose one. a) A = {1, 1.5, 2, 2.5, 3, 3.5, 4, 4.5, 5, 5.5, 6, 6.5, 7, 7.5, 8} b) B={-1,0,1,2,3,4,5,6,7,8} c) C={1,2,3,4,5,6,7,8} d) D = {0,1,2,3,4,5,6,7,8}arrow_forwardA smallish urn contains 25 small plastic bunnies – 7 of which are pink and 18 of which are white. 10 bunnies are drawn from the urn at random with replacement, and X is the number of pink bunnies that are drawn. (a) P(X = 5) ≈ (b) P(X<6) ≈ The Whoville small urn contains 100 marbles – 60 blue and 40 orange. The Grinch sneaks in one night and grabs a simple random sample (without replacement) of 15 marbles. (a) The probability that the Grinch gets exactly 6 blue marbles is [ Select ] ["≈ 0.054", "≈ 0.043", "≈ 0.061"] . (b) The probability that the Grinch gets at least 7 blue marbles is [ Select ] ["≈ 0.922", "≈ 0.905", "≈ 0.893"] . (c) The probability that the Grinch gets between 8 and 12 blue marbles (inclusive) is [ Select ] ["≈ 0.801", "≈ 0.760", "≈ 0.786"] . The Whoville small urn contains 100 marbles – 60 blue and 40 orange. The Grinch sneaks in one night and grabs a simple random sample (without replacement) of 15 marbles. (a)…arrow_forwardUsing Karnaugh maps and Gray coding, reduce the following circuit represented as a table and write the final circuit in simplest form (first in terms of number of gates then in terms of fan-in of those gates).arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Use of ALGEBRA in REAL LIFE; Author: Fast and Easy Maths !;https://www.youtube.com/watch?v=9_PbWFpvkDc;License: Standard YouTube License, CC-BY
Compound Interest Formula Explained, Investment, Monthly & Continuously, Word Problems, Algebra; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=P182Abv3fOk;License: Standard YouTube License, CC-BY
Applications of Algebra (Digit, Age, Work, Clock, Mixture and Rate Problems); Author: EngineerProf PH;https://www.youtube.com/watch?v=Y8aJ_wYCS2g;License: Standard YouTube License, CC-BY