a. Explanation Given: The capital value of a perpetuity involving payments of P dollars each, paid at the end of each of m periods per year into a fund that earns interest at the nominal rate of r % per year compounded m times per year. Theorem used: If | r | < 1 , then the geometric series ∑ n = 0 ∞ a r n = a + a r + a r 2 + ⋯ converges and it sum is a 1 − r ; that is, ∑ n = 0 ∞ a r n = a + a r + a r 2 + ⋯ = a 1 − r . The series diverges if | r | ≥ 1 b. To determine To verify: The capital value is A = P ( 1 + r m ) − 1 + P ( 1 + r m ) − 2 + P ( 1 + r m ) − 3 + ⋯ by using the given information. c. To determine To show: The sum A = m P r by using the series in part (b).

APPLIED CALCULUS FOR MGRL, LIFE, SOC SCI

10th Edition

ISBN: 9780357465400

Author: Tan

Publisher: CENGAGE L

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Chapter 11.3, Problem 40E

To determine

To verify: The present value of the nth payment is P(1+rm)−n by using the given information.

To determine

To verify: The capital value is A=P(1+rm)−1+P(1+rm)−2+P(1+rm)−3+⋯ by using the given information.

To determine

To show: The sum A=mPr by using the series in part (b).

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Chapter 11.3, Problem 39E

Chapter 11.3, Problem 41E

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Question 1: If a barometer were built using oil (p = 0.92 g/cm³) instead of mercury (p = 13.6 g/cm³), would the column of oil be higher than, lower than, or the same as the column of mercury at 1.00 atm? If the level is different, by what factor? Explain. (5 pts) Solution: A barometer works based on the principle that the pressure exerted by the liquid column balances atmospheric pressure. The pressure is given by: P = pgh Since the atmospheric pressure remains constant (P = 1.00 atm), the height of the liquid column is inversely proportional to its density: Step 1: Given Data PHg hol=hgx Poil • Density of mercury: PHg = 13.6 g/cm³ Density of oil: Poil = 0.92 g/cm³ • Standard height of mercury at 1.00 atm: hμg Step 2: Compute Height of Oil = 760 mm = 0.760 m 13.6 hoil = 0.760 x 0.92 hoil = 0.760 × 14.78 hoil = 11.23 m Step 3: Compare Heights Since oil is less dense than mercury, the column of oil must be much taller than that of mercury. The factor by which it is taller is: Final…

Chapter 11 Solutions

APPLIED CALCULUS FOR MGRL, LIFE, SOC SCI

Ch. 11.1 - Prob. 1CQ Ch. 11.1 - Prob. 2CQ Ch. 11.1 - Prob. 1E Ch. 11.1 - In Exercises 110, find the first three Taylor...Ch. 11.1 - Prob. 3E Ch. 11.1 - Prob. 4E Ch. 11.1 - Prob. 5E Ch. 11.1 - Prob. 6E Ch. 11.1 - Prob. 7E Ch. 11.1 - Prob. 8E

Ch. 11.1 - In Exercises 110, find the first three Taylor...Ch. 11.1 - Prob. 10E Ch. 11.1 - Prob. 11E Ch. 11.1 - Prob. 12E Ch. 11.1 - Prob. 13E Ch. 11.1 - Prob. 14E Ch. 11.1 - In Exercises 1120, find the nth Taylor polynomial...Ch. 11.1 - Prob. 16E Ch. 11.1 - Prob. 17E Ch. 11.1 - Prob. 18E Ch. 11.1 - Prob. 19E Ch. 11.1 - Prob. 20E Ch. 11.1 - Prob. 21E Ch. 11.1 - Prob. 22E Ch. 11.1 - Prob. 23E Ch. 11.1 - Prob. 24E Ch. 11.1 - Prob. 25E Ch. 11.1 - Prob. 26E Ch. 11.1 - Prob. 27E Ch. 11.1 - Prob. 28E Ch. 11.1 - Prob. 29E Ch. 11.1 - Prob. 30E Ch. 11.1 - Prob. 31E Ch. 11.1 - Prob. 32E Ch. 11.1 - Prob. 33E Ch. 11.1 - Prob. 34E Ch. 11.1 - Let f(x) = ex. a. Find a bound in the error...Ch. 11.1 - Prob. 36E Ch. 11.1 - Prob. 37E Ch. 11.1 - Prob. 38E Ch. 11.1 - Prob. 39E Ch. 11.1 - Prob. 40E Ch. 11.1 - Prob. 41E Ch. 11.1 - According to a joint study conducted by Oxnards...Ch. 11.1 - Prob. 43E Ch. 11.1 - Prob. 44E Ch. 11.1 - Prob. 45E Ch. 11.1 - Prob. 46E Ch. 11.2 - Prob. 1CQ Ch. 11.2 - Prob. 1E Ch. 11.2 - Prob. 2E Ch. 11.2 - Prob. 3E Ch. 11.2 - Prob. 4E Ch. 11.2 - Prob. 5E Ch. 11.2 - Prob. 6E Ch. 11.2 - Prob. 7E Ch. 11.2 - Prob. 8E Ch. 11.2 - Prob. 9E Ch. 11.2 - Prob. 10E Ch. 11.2 - Prob. 11E Ch. 11.2 - In Exercises 1021, find the nth term of the...Ch. 11.2 - Prob. 13E Ch. 11.2 - Prob. 14E Ch. 11.2 - Prob. 15E Ch. 11.2 - Prob. 16E Ch. 11.2 - Prob. 17E Ch. 11.2 - Prob. 18E Ch. 11.2 - Prob. 19E Ch. 11.2 - Prob. 20E Ch. 11.2 - Prob. 21E Ch. 11.2 - Prob. 22E Ch. 11.2 - Prob. 23E Ch. 11.2 - Prob. 24E Ch. 11.2 - Prob. 25E Ch. 11.2 - Prob. 26E Ch. 11.2 - Prob. 27E Ch. 11.2 - Prob. 28E Ch. 11.2 - Prob. 29E Ch. 11.2 - Prob. 30E Ch. 11.2 - Prob. 31E Ch. 11.2 - Prob. 32E Ch. 11.2 - Prob. 33E Ch. 11.2 - Prob. 34E Ch. 11.2 - Prob. 35E Ch. 11.2 - Prob. 36E Ch. 11.2 - Prob. 37E Ch. 11.2 - Prob. 38E Ch. 11.2 - Prob. 39E Ch. 11.2 - Prob. 40E Ch. 11.2 - Prob. 41E Ch. 11.2 - Prob. 42E Ch. 11.2 - Prob. 43E Ch. 11.2 - Prob. 44E Ch. 11.2 - Prob. 45E Ch. 11.2 - Prob. 46E Ch. 11.2 - Prob. 47E Ch. 11.2 - Prob. 48E Ch. 11.2 - Prob. 49E Ch. 11.2 - Prob. 50E Ch. 11.2 - Prob. 51E Ch. 11.2 - Prob. 52E Ch. 11.3 - Prob. 1CQ Ch. 11.3 - Prob. 2CQ Ch. 11.3 - Prob. 1E Ch. 11.3 - Prob. 2E Ch. 11.3 - Prob. 3E Ch. 11.3 - Prob. 4E Ch. 11.3 - Prob. 5E Ch. 11.3 - Prob. 6E Ch. 11.3 - Prob. 7E Ch. 11.3 - Prob. 8E Ch. 11.3 - Prob. 9E Ch. 11.3 - Prob. 10E Ch. 11.3 - Prob. 11E Ch. 11.3 - Prob. 12E Ch. 11.3 - Prob. 13E Ch. 11.3 - Prob. 14E Ch. 11.3 - Prob. 15E Ch. 11.3 - Prob. 16E Ch. 11.3 - Prob. 17E Ch. 11.3 - Prob. 18E Ch. 11.3 - Prob. 19E Ch. 11.3 - Prob. 20E Ch. 11.3 - Prob. 21E Ch. 11.3 - Prob. 22E Ch. 11.3 - Prob. 23E Ch. 11.3 - Prob. 24E Ch. 11.3 - Prob. 25E Ch. 11.3 - Prob. 26E Ch. 11.3 - Prob. 27E Ch. 11.3 - Prob. 28E Ch. 11.3 - Prob. 29E Ch. 11.3 - Prob. 30E Ch. 11.3 - Prob. 31E Ch. 11.3 - Prob. 32E Ch. 11.3 - Prob. 33E Ch. 11.3 - Prob. 34E Ch. 11.3 - Prob. 35E Ch. 11.3 - Prob. 36E Ch. 11.3 - Prob. 37E Ch. 11.3 - Prob. 38E Ch. 11.3 - Prob. 39E Ch. 11.3 - Prob. 40E Ch. 11.3 - Prob. 41E Ch. 11.3 - Prob. 42E Ch. 11.3 - Suppose that a dose of C units of a certain drug...Ch. 11.3 - Prob. 44E Ch. 11.3 - In Exercises 4548, determine whether the statement...Ch. 11.3 - Prob. 46E Ch. 11.3 - Prob. 47E Ch. 11.3 - Prob. 48E Ch. 11.4 - Prob. 1CQ Ch. 11.4 - Prob. 2CQ Ch. 11.4 - Prob. 3CQ Ch. 11.4 - Prob. 1E Ch. 11.4 - Prob. 2E Ch. 11.4 - Prob. 3E Ch. 11.4 - Prob. 4E Ch. 11.4 - Prob. 5E Ch. 11.4 - Prob. 6E Ch. 11.4 - Prob. 7E Ch. 11.4 - Prob. 8E Ch. 11.4 - Prob. 9E Ch. 11.4 - Prob. 10E Ch. 11.4 - Prob. 11E Ch. 11.4 - Prob. 12E Ch. 11.4 - Prob. 13E Ch. 11.4 - Prob. 14E Ch. 11.4 - Prob. 15E Ch. 11.4 - Prob. 16E Ch. 11.4 - Prob. 17E Ch. 11.4 - Prob. 18E Ch. 11.4 - Prob. 19E Ch. 11.4 - Prob. 20E Ch. 11.4 - Prob. 21E Ch. 11.4 - Prob. 22E Ch. 11.4 - Prob. 23E Ch. 11.4 - Prob. 24E Ch. 11.4 - Prob. 25E Ch. 11.4 - Prob. 26E Ch. 11.4 - Prob. 27E Ch. 11.4 - Prob. 28E Ch. 11.4 - Prob. 29E Ch. 11.4 - Prob. 30E Ch. 11.4 - Prob. 31E Ch. 11.4 - Prob. 32E Ch. 11.4 - Prob. 33E Ch. 11.4 - Prob. 34E Ch. 11.4 - Prob. 35E Ch. 11.4 - Prob. 36E Ch. 11.4 - Prob. 37E Ch. 11.4 - Prob. 38E Ch. 11.4 - Prob. 39E Ch. 11.4 - Prob. 40E Ch. 11.4 - Prob. 41E Ch. 11.4 - Prob. 42E Ch. 11.4 - Prob. 43E Ch. 11.4 - Prob. 44E Ch. 11.4 - Prob. 45E Ch. 11.4 - Prob. 46E Ch. 11.4 - Prob. 47E Ch. 11.4 - Prob. 48E Ch. 11.4 - Prob. 49E Ch. 11.4 - Prob. 50E Ch. 11.4 - Prob. 51E Ch. 11.4 - Prob. 52E Ch. 11.4 - Prob. 53E Ch. 11.4 - Prob. 54E Ch. 11.4 - Prob. 55E Ch. 11.4 - Prob. 56E Ch. 11.4 - Prob. 57E Ch. 11.4 - Prob. 58E Ch. 11.4 - Prob. 59E Ch. 11.4 - Prob. 60E Ch. 11.5 - Prob. 1CQ Ch. 11.5 - a. What is the radius of convergence of a power...Ch. 11.5 - Prob. 3CQ Ch. 11.5 - Prob. 4CQ Ch. 11.5 - Prob. 5CQ Ch. 11.5 - Prob. 1E Ch. 11.5 - Prob. 2E Ch. 11.5 - Prob. 3E Ch. 11.5 - Prob. 4E Ch. 11.5 - Prob. 5E Ch. 11.5 - Prob. 6E Ch. 11.5 - Prob. 7E Ch. 11.5 - Prob. 8E Ch. 11.5 - Prob. 9E Ch. 11.5 - Prob. 10E Ch. 11.5 - Prob. 11E Ch. 11.5 - Prob. 12E Ch. 11.5 - Prob. 13E Ch. 11.5 - Prob. 14E Ch. 11.5 - Prob. 15E Ch. 11.5 - Prob. 16E Ch. 11.5 - Prob. 17E Ch. 11.5 - Prob. 18E Ch. 11.5 - Prob. 19E Ch. 11.5 - Prob. 20E Ch. 11.5 - Prob. 21E Ch. 11.5 - Prob. 22E Ch. 11.5 - Prob. 23E Ch. 11.5 - Prob. 24E Ch. 11.5 - Prob. 25E Ch. 11.5 - Prob. 26E Ch. 11.5 - Prob. 27E Ch. 11.5 - Prob. 28E Ch. 11.5 - Prob. 29E Ch. 11.5 - Prob. 30E Ch. 11.5 - Prob. 31E Ch. 11.5 - Prob. 32E Ch. 11.5 - Prob. 33E Ch. 11.5 - Prob. 34E Ch. 11.5 - Prob. 35E Ch. 11.5 - Prob. 36E Ch. 11.6 - Prob. 1CQ Ch. 11.6 - Prob. 2CQ Ch. 11.6 - Prob. 3CQ Ch. 11.6 - Prob. 1E Ch. 11.6 - Prob. 2E Ch. 11.6 - Prob. 3E Ch. 11.6 - Prob. 4E Ch. 11.6 - Prob. 5E Ch. 11.6 - Prob. 6E Ch. 11.6 - Prob. 7E Ch. 11.6 - Prob. 8E Ch. 11.6 - Prob. 9E Ch. 11.6 - Prob. 10E Ch. 11.6 - Prob. 11E Ch. 11.6 - Prob. 12E Ch. 11.6 - Prob. 13E Ch. 11.6 - Prob. 14E Ch. 11.6 - Prob. 15E Ch. 11.6 - Prob. 16E Ch. 11.6 - Prob. 17E Ch. 11.6 - Prob. 18E Ch. 11.6 - Prob. 19E Ch. 11.6 - Prob. 20E Ch. 11.6 - Prob. 21E Ch. 11.6 - Prob. 22E Ch. 11.6 - Prob. 23E Ch. 11.6 - Prob. 24E Ch. 11.6 - Prob. 25E Ch. 11.6 - Prob. 26E Ch. 11.6 - Prob. 27E Ch. 11.6 - Prob. 28E Ch. 11.6 - Prob. 29E Ch. 11.6 - Prob. 30E Ch. 11.6 - Prob. 31E Ch. 11.6 - Prob. 32E Ch. 11.7 - Prob. 1CQ Ch. 11.7 - Prob. 2CQ Ch. 11.7 - Prob. 3CQ Ch. 11.7 - Prob. 1E Ch. 11.7 - Prob. 2E Ch. 11.7 - Prob. 3E Ch. 11.7 - Prob. 4E Ch. 11.7 - Prob. 5E Ch. 11.7 - Prob. 6E Ch. 11.7 - Prob. 7E Ch. 11.7 - Prob. 8E Ch. 11.7 - Prob. 9E Ch. 11.7 - Prob. 10E Ch. 11.7 - Prob. 11E Ch. 11.7 - Prob. 12E Ch. 11.7 - Prob. 13E Ch. 11.7 - Prob. 14E Ch. 11.7 - Prob. 15E Ch. 11.7 - Prob. 16E Ch. 11.7 - Prob. 17E Ch. 11.7 - Prob. 18E Ch. 11.7 - Prob. 19E Ch. 11.7 - Prob. 20E Ch. 11.7 - Prob. 21E Ch. 11.7 - Prob. 22E Ch. 11.7 - In Exercises 2328, make a rough sketch of the...Ch. 11.7 - Prob. 24E Ch. 11.7 - Prob. 25E Ch. 11.7 - Prob. 26E Ch. 11.7 - Prob. 27E Ch. 11.7 - Prob. 28E Ch. 11.7 - Prob. 29E Ch. 11.7 - Prob. 30E Ch. 11.7 - Prob. 31E Ch. 11.7 - Prob. 32E Ch. 11.7 - Prob. 33E Ch. 11.7 - Prob. 34E Ch. 11.7 - Prob. 35E Ch. 11.7 - Prob. 36E Ch. 11.7 - Prob. 37E Ch. 11.7 - Prob. 38E Ch. 11.7 - Prob. 39E Ch. 11.7 - Prob. 40E Ch. 11.7 - Prob. 41E Ch. 11.7 - Prob. 1TE Ch. 11.7 - Prob. 2TE Ch. 11.7 - Prob. 3TE Ch. 11.7 - Prob. 4TE Ch. 11.7 - Prob. 5TE Ch. 11.7 - Prob. 6TE Ch. 11.7 - Prob. 7TE Ch. 11.7 - Prob. 8TE Ch. 11 - Prob. 1CRQ Ch. 11 - Prob. 2CRQ Ch. 11 - Prob. 3CRQ Ch. 11 - Prob. 4CRQ Ch. 11 - Prob. 5CRQ Ch. 11 - Prob. 6CRQ Ch. 11 - Prob. 7CRQ Ch. 11 - Prob. 8CRQ Ch. 11 - Prob. 9CRQ Ch. 11 - Prob. 10CRQ Ch. 11 - Prob. 1RE Ch. 11 - Prob. 2RE Ch. 11 - Prob. 3RE Ch. 11 - Prob. 4RE Ch. 11 - Prob. 5RE Ch. 11 - Prob. 6RE Ch. 11 - Prob. 7RE Ch. 11 - Prob. 8RE Ch. 11 - Prob. 9RE Ch. 11 - Prob. 10RE Ch. 11 - Prob. 11RE Ch. 11 - Prob. 12RE Ch. 11 - Prob. 13RE Ch. 11 - Prob. 14RE Ch. 11 - Prob. 15RE Ch. 11 - Prob. 16RE Ch. 11 - Prob. 17RE Ch. 11 - Prob. 18RE Ch. 11 - Prob. 19RE Ch. 11 - Prob. 20RE Ch. 11 - Prob. 21RE Ch. 11 - In Exercises 21 and 22, find the sum of the...Ch. 11 - Prob. 23RE Ch. 11 - Prob. 24RE Ch. 11 - Prob. 25RE Ch. 11 - Prob. 26RE Ch. 11 - Prob. 27RE Ch. 11 - Prob. 28RE Ch. 11 - Prob. 29RE Ch. 11 - Prob. 30RE Ch. 11 - Prob. 31RE Ch. 11 - Prob. 32RE Ch. 11 - Prob. 33RE Ch. 11 - Prob. 34RE Ch. 11 - Prob. 35RE Ch. 11 - Prob. 36RE Ch. 11 - Prob. 37RE Ch. 11 - Prob. 38RE Ch. 11 - Prob. 39RE Ch. 11 - Prob. 40RE Ch. 11 - Prob. 41RE Ch. 11 - Prob. 42RE Ch. 11 - Prob. 43RE Ch. 11 - Prob. 44RE Ch. 11 - Prob. 45RE Ch. 11 - Prob. 46RE Ch. 11 - Prob. 47RE Ch. 11 - Prob. 48RE Ch. 11 - Prob. 49RE Ch. 11 - Prob. 50RE Ch. 11 - Prob. 1BM Ch. 11 - Prob. 2BM Ch. 11 - Determine whether the series converges or...Ch. 11 - Prob. 4BM Ch. 11 - Prob. 5BM

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To verify: The present value of the n th payment is P ( 1 + r m ) − n by using the given information.

Solution Summary: The author explains the mathematical formula for the capital value of a perpetuity involving payments of P dollars each, paid at the end of each m period per year.

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To verify: The present value of the nth payment is P(1+rm)−n by using the given information.

To verify: The capital value is A=P(1+rm)−1+P(1+rm)−2+P(1+rm)−3+⋯ by using the given information.

To show: The sum A=mPr by using the series in part (b).

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Chapter 11 Solutions