Precalculus: Mathematics for Calculus - 6th Edition
Precalculus: Mathematics for Calculus - 6th Edition
6th Edition
ISBN: 9780840068071
Author: Stewart, James, Redlin, Lothar, Watson, Saleem
Publisher: Cengage Learning
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Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 …
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experime…
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Chapter 12.4, Problem 2E
To determine

To fill: The ______ of an annuity is the amount that must be invested now at interest rate i per time period to provide n payments each of amount R.

Expert Solution & Answer
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Answer to Problem 2E

The present value of an annuity is the amount that must be invested now at interest rate i per time period to provide n payments each of amount R.

Explanation of Solution

An annuity is a form of financial contract that are typically used for retirement plans by the insurance companies which assures guaranteed payment to the insurer. It is paid by the insurance company for a certain period of time or on lifetime basis.

A present value of annuity computes the total present value of a series of cash flows that are estimated for the future. The present value of annuity is based on the time value of money. The formula used to for present value of annuity is as follows,

AP=R×[1−(1+i)−ni]

Here,

AP = Present Value of Annuity

R = Periodic Payment

i = Interest Rate

n = Number of Years

Therefore, the present value of an annuity is the amount that must be invested now.

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Chapter 12.4, Problem 1E
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Chapter 12 Solutions

Precalculus: Mathematics for Calculus - 6th Edition

Ch. 12.1 - A sequence is a function whose domain is...Ch. 12.1 - Prob. 2ECh. 12.1 - Prob. 3ECh. 12.1 - Prob. 4ECh. 12.1 - Prob. 5ECh. 12.1 - Prob. 6ECh. 12.1 - Prob. 7ECh. 12.1 - Prob. 8ECh. 12.1 - Prob. 9ECh. 12.1 - Prob. 10E
Ch. 12.1 - Prob. 11ECh. 12.1 - Prob. 12ECh. 12.1 - Prob. 13ECh. 12.1 - Prob. 14ECh. 12.1 - Prob. 15ECh. 12.1 - Prob. 16ECh. 12.1 - Prob. 17ECh. 12.1 - Prob. 18ECh. 12.1 - Prob. 19ECh. 12.1 - Prob. 20ECh. 12.1 - Prob. 21ECh. 12.1 - Prob. 22ECh. 12.1 - Prob. 23ECh. 12.1 - Prob. 24ECh. 12.1 - Prob. 25ECh. 12.1 - Prob. 26ECh. 12.1 - Prob. 27ECh. 12.1 - Prob. 28ECh. 12.1 - Prob. 29ECh. 12.1 - Prob. 30ECh. 12.1 - Prob. 31ECh. 12.1 - Prob. 32ECh. 12.1 - Prob. 33ECh. 12.1 - Prob. 34ECh. 12.1 - Prob. 35ECh. 12.1 - Prob. 36ECh. 12.1 - Prob. 37ECh. 12.1 - Prob. 38ECh. 12.1 - Prob. 39ECh. 12.1 - Prob. 40ECh. 12.1 - Prob. 41ECh. 12.1 - Prob. 42ECh. 12.1 - Prob. 43ECh. 12.1 - Prob. 44ECh. 12.1 - Prob. 45ECh. 12.1 - Prob. 46ECh. 12.1 - Prob. 47ECh. 12.1 - Prob. 48ECh. 12.1 - Prob. 49ECh. 12.1 - Prob. 50ECh. 12.1 - Prob. 51ECh. 12.1 - Prob. 52ECh. 12.1 - Prob. 53ECh. 12.1 - Prob. 54ECh. 12.1 - Prob. 55ECh. 12.1 - Prob. 56ECh. 12.1 - Prob. 57ECh. 12.1 - Prob. 58ECh. 12.1 - Prob. 59ECh. 12.1 - Prob. 60ECh. 12.1 - Prob. 61ECh. 12.1 - Prob. 62ECh. 12.1 - Prob. 63ECh. 12.1 - Prob. 64ECh. 12.1 - Prob. 65ECh. 12.1 - Prob. 66ECh. 12.1 - Prob. 67ECh. 12.1 - Prob. 68ECh. 12.1 - Prob. 69ECh. 12.1 - Prob. 70ECh. 12.1 - Sigma Notation Write the sum using sigma notation....Ch. 12.1 - Prob. 72ECh. 12.1 - Prob. 73ECh. 12.1 - Prob. 74ECh. 12.1 - nth Term of a Sequence Find a formula for the nth...Ch. 12.1 - Prob. 76ECh. 12.1 - Compound Interest Julio deposits 2000 in a savings...Ch. 12.1 - Prob. 78ECh. 12.1 - Population of a City A city was incorporated in...Ch. 12.1 - Prob. 80ECh. 12.1 - Prob. 81ECh. 12.1 - Prob. 82ECh. 12.2 - An arithmetic sequence is a sequence in which the...Ch. 12.2 - Prob. 2ECh. 12.2 - Prob. 3ECh. 12.2 - Prob. 4ECh. 12.2 - Prob. 5ECh. 12.2 - Prob. 6ECh. 12.2 - Prob. 7ECh. 12.2 - Prob. 8ECh. 12.2 - Prob. 9ECh. 12.2 - Prob. 10ECh. 12.2 - Prob. 11ECh. 12.2 - Prob. 12ECh. 12.2 - Prob. 13ECh. 12.2 - Prob. 14ECh. 12.2 - Prob. 15ECh. 12.2 - Prob. 16ECh. 12.2 - Prob. 17ECh. 12.2 - Prob. 18ECh. 12.2 - Prob. 19ECh. 12.2 - Prob. 20ECh. 12.2 - Prob. 21ECh. 12.2 - Prob. 22ECh. 12.2 - Prob. 23ECh. 12.2 - Prob. 24ECh. 12.2 - Prob. 25ECh. 12.2 - Prob. 26ECh. 12.2 - Prob. 27ECh. 12.2 - Prob. 28ECh. 12.2 - Prob. 29ECh. 12.2 - Prob. 30ECh. 12.2 - Prob. 31ECh. 12.2 - Prob. 32ECh. 12.2 - Prob. 33ECh. 12.2 - Prob. 34ECh. 12.2 - Prob. 35ECh. 12.2 - Prob. 36ECh. 12.2 - Prob. 37ECh. 12.2 - Prob. 38ECh. 12.2 - Prob. 39ECh. 12.2 - Prob. 40ECh. 12.2 - Prob. 41ECh. 12.2 - Prob. 42ECh. 12.2 - Prob. 43ECh. 12.2 - Prob. 44ECh. 12.2 - Prob. 45ECh. 12.2 - Prob. 46ECh. 12.2 - Prob. 47ECh. 12.2 - Prob. 48ECh. 12.2 - Prob. 49ECh. 12.2 - Prob. 50ECh. 12.2 - Prob. 51ECh. 12.2 - Prob. 52ECh. 12.2 - Prob. 53ECh. 12.2 - Prob. 54ECh. 12.2 - Prob. 55ECh. 12.2 - Prob. 56ECh. 12.2 - Prob. 57ECh. 12.2 - Prob. 58ECh. 12.2 - Prob. 59ECh. 12.2 - Prob. 60ECh. 12.2 - Depreciation The purchase value of an office...Ch. 12.2 - Poles in a Pile Telephone poles are being stored...Ch. 12.2 - Salary Increases A man gets a job with a salary of...Ch. 12.2 - Drive-In Theater A drive-in theater has spaces for...Ch. 12.2 - Theater Seating An architect designs a theater...Ch. 12.2 - Prob. 66ECh. 12.2 - The Twelve Days of Christmas In the well-known...Ch. 12.2 - Prob. 68ECh. 12.3 - A geometric sequence is a sequence in which the...Ch. 12.3 - Prob. 2ECh. 12.3 - True or False? If we know the first and second...Ch. 12.3 - Prob. 4ECh. 12.3 - Prob. 5ECh. 12.3 - Prob. 6ECh. 12.3 - Prob. 7ECh. 12.3 - Prob. 8ECh. 12.3 - Prob. 9ECh. 12.3 - Prob. 10ECh. 12.3 - Prob. 11ECh. 12.3 - Prob. 12ECh. 12.3 - Prob. 13ECh. 12.3 - Prob. 14ECh. 12.3 - Prob. 15ECh. 12.3 - Prob. 16ECh. 12.3 - Prob. 17ECh. 12.3 - Prob. 18ECh. 12.3 - Prob. 19ECh. 12.3 - Prob. 20ECh. 12.3 - Prob. 21ECh. 12.3 - Prob. 22ECh. 12.3 - Prob. 23ECh. 12.3 - Prob. 24ECh. 12.3 - Prob. 25ECh. 12.3 - Prob. 26ECh. 12.3 - Prob. 27ECh. 12.3 - Prob. 28ECh. 12.3 - Prob. 29ECh. 12.3 - Prob. 30ECh. 12.3 - Prob. 31ECh. 12.3 - Prob. 32ECh. 12.3 - Prob. 33ECh. 12.3 - Prob. 34ECh. 12.3 - Prob. 35ECh. 12.3 - Prob. 36ECh. 12.3 - Prob. 37ECh. 12.3 - Prob. 38ECh. 12.3 - Prob. 39ECh. 12.3 - Prob. 40ECh. 12.3 - Prob. 41ECh. 12.3 - Prob. 42ECh. 12.3 - Prob. 43ECh. 12.3 - Prob. 44ECh. 12.3 - Prob. 45ECh. 12.3 - Prob. 46ECh. 12.3 - Prob. 47ECh. 12.3 - Prob. 48ECh. 12.3 - Prob. 49ECh. 12.3 - Prob. 50ECh. 12.3 - Prob. 51ECh. 12.3 - Prob. 52ECh. 12.3 - Prob. 53ECh. 12.3 - Prob. 54ECh. 12.3 - Prob. 55ECh. 12.3 - Prob. 56ECh. 12.3 - Prob. 57ECh. 12.3 - Prob. 58ECh. 12.3 - Prob. 59ECh. 12.3 - Prob. 60ECh. 12.3 - Prob. 61ECh. 12.3 - Prob. 62ECh. 12.3 - Prob. 63ECh. 12.3 - Prob. 64ECh. 12.3 - Prob. 65ECh. 12.3 - Prob. 66ECh. 12.3 - Prob. 67ECh. 12.3 - Prob. 68ECh. 12.3 - Prob. 69ECh. 12.3 - Prob. 70ECh. 12.3 - Depreciation A construction company purchases a...Ch. 12.3 - Prob. 72ECh. 12.3 - Bouncing Ball A ball is dropped from a height of...Ch. 12.3 - Bacteria Culture A culture initially has 5000...Ch. 12.3 - Mixing Coolant A truck radiator holds 5 gal and is...Ch. 12.3 - Musical Frequencies The frequencies of musical...Ch. 12.3 - Bouncing Ball A ball is dropped from a height of 9...Ch. 12.3 - Prob. 78ECh. 12.3 - St. Ives The following is a well-known childrens...Ch. 12.3 - Prob. 80ECh. 12.3 - Bouncing Ball A certain ball rebounds to half the...Ch. 12.3 - Prob. 82ECh. 12.3 - Geometry A circular disk of radius R is cut out of...Ch. 12.3 - Prob. 84ECh. 12.3 - PROVE: Logarithms of a Geometric Sequence If a1,...Ch. 12.3 - Prob. 86ECh. 12.3 - Prob. 87ECh. 12.3 - Prob. 88ECh. 12.3 - Prob. 89ECh. 12.4 - An annuity is a sum of money that is paid in...Ch. 12.4 - Prob. 2ECh. 12.4 - Prob. 3ECh. 12.4 - Annuity Find the amount of an annuity that...Ch. 12.4 - Annuity Find the amount of an annuity that...Ch. 12.4 - Prob. 6ECh. 12.4 - Prob. 7ECh. 12.4 - Prob. 8ECh. 12.4 - Prob. 9ECh. 12.4 - Saving How much money should be invested monthly...Ch. 12.4 - Prob. 11ECh. 12.4 - Prob. 12ECh. 12.4 - Prob. 13ECh. 12.4 - Funding an Annuity A 55-year-old man deposits...Ch. 12.4 - Prob. 15ECh. 12.4 - Prob. 16ECh. 12.4 - Prob. 17ECh. 12.4 - Prob. 18ECh. 12.4 - Mortgage Dr. Gupta is considering a 30-year...Ch. 12.4 - Prob. 20ECh. 12.4 - Prob. 21ECh. 12.4 - Prob. 22ECh. 12.4 - Prob. 23ECh. 12.4 - Prob. 24ECh. 12.4 - Interest Rate John buys a stereo system for 640....Ch. 12.4 - Prob. 26ECh. 12.4 - Prob. 27ECh. 12.4 - Interest Rate A man purchases a 2000 diamond ring...Ch. 12.4 - Prob. 29ECh. 12.4 - Prob. 30ECh. 12.4 - Prob. 31ECh. 12.5 - Mathematical induction is a method of proving that...Ch. 12.5 - Prob. 2ECh. 12.5 - Prob. 3ECh. 12.5 - Prob. 4ECh. 12.5 - Prob. 5ECh. 12.5 - Prob. 6ECh. 12.5 - Prob. 7ECh. 12.5 - Prob. 8ECh. 12.5 - Prob. 9ECh. 12.5 - Prob. 10ECh. 12.5 - Prob. 11ECh. 12.5 - Prob. 12ECh. 12.5 - Prob. 13ECh. 12.5 - Prob. 14ECh. 12.5 - Prob. 15ECh. 12.5 - Prob. 16ECh. 12.5 - Prob. 17ECh. 12.5 - Prob. 18ECh. 12.5 - Prob. 19ECh. 12.5 - Prob. 20ECh. 12.5 - Prob. 21ECh. 12.5 - Prob. 22ECh. 12.5 - Prob. 23ECh. 12.5 - Prob. 24ECh. 12.5 - Prob. 25ECh. 12.5 - Prob. 26ECh. 12.5 - Prob. 27ECh. 12.5 - Prob. 28ECh. 12.5 - Prob. 29ECh. 12.5 - Prob. 30ECh. 12.5 - Prob. 31ECh. 12.5 - Prob. 32ECh. 12.5 - Prob. 33ECh. 12.5 - Prob. 34ECh. 12.5 - Prob. 35ECh. 12.5 - Prob. 36ECh. 12.5 - Prob. 37ECh. 12.5 - Prob. 38ECh. 12.6 - An algebraic expression of the form a + b, which...Ch. 12.6 - Prob. 2ECh. 12.6 - The binomial coefficients can be calculated...Ch. 12.6 - Prob. 4ECh. 12.6 - Prob. 5ECh. 12.6 - Prob. 6ECh. 12.6 - Prob. 7ECh. 12.6 - Prob. 8ECh. 12.6 - Prob. 9ECh. 12.6 - Prob. 10ECh. 12.6 - Prob. 11ECh. 12.6 - Prob. 12ECh. 12.6 - Prob. 13ECh. 12.6 - Prob. 14ECh. 12.6 - Prob. 15ECh. 12.6 - Prob. 16ECh. 12.6 - Prob. 17ECh. 12.6 - Prob. 18ECh. 12.6 - Prob. 19ECh. 12.6 - Prob. 20ECh. 12.6 - Prob. 21ECh. 12.6 - Prob. 22ECh. 12.6 - Prob. 23ECh. 12.6 - Prob. 24ECh. 12.6 - Prob. 25ECh. 12.6 - Prob. 26ECh. 12.6 - Prob. 27ECh. 12.6 - Prob. 28ECh. 12.6 - Prob. 29ECh. 12.6 - Prob. 30ECh. 12.6 - Prob. 31ECh. 12.6 - Prob. 32ECh. 12.6 - Prob. 33ECh. 12.6 - Prob. 34ECh. 12.6 - Prob. 35ECh. 12.6 - Prob. 36ECh. 12.6 - Prob. 37ECh. 12.6 - Prob. 38ECh. 12.6 - Prob. 39ECh. 12.6 - Prob. 40ECh. 12.6 - Prob. 41ECh. 12.6 - Prob. 42ECh. 12.6 - Prob. 43ECh. 12.6 - Prob. 44ECh. 12.6 - Prob. 45ECh. 12.6 - Prob. 46ECh. 12.6 - Prob. 47ECh. 12.6 - Prob. 48ECh. 12.6 - Prob. 49ECh. 12.6 - Prob. 50ECh. 12.6 - Prob. 51ECh. 12.6 - Prob. 52ECh. 12.6 - Prob. 53ECh. 12.6 - Prob. 54ECh. 12.6 - Difference in Volumes of Cubes The volume of a...Ch. 12.6 - Probability of Hitting a Target The probability...Ch. 12.6 - Prob. 57ECh. 12.6 - Prob. 58ECh. 12.6 - Prob. 59ECh. 12 - Prob. 1RCCCh. 12 - Prob. 2RCCCh. 12 - Prob. 3RCCCh. 12 - Prob. 4RCCCh. 12 - Prob. 5RCCCh. 12 - Prob. 6RCCCh. 12 - Prob. 7RCCCh. 12 - Prob. 8RCCCh. 12 - Prob. 1RECh. 12 - Prob. 2RECh. 12 - Prob. 3RECh. 12 - Prob. 4RECh. 12 - Prob. 5RECh. 12 - Prob. 6RECh. 12 - Prob. 7RECh. 12 - Prob. 8RECh. 12 - Prob. 9RECh. 12 - Prob. 10RECh. 12 - Prob. 11RECh. 12 - Prob. 12RECh. 12 - Prob. 13RECh. 12 - Prob. 14RECh. 12 - Prob. 15RECh. 12 - Prob. 16RECh. 12 - Prob. 17RECh. 12 - Prob. 18RECh. 12 - Prob. 19RECh. 12 - Prob. 20RECh. 12 - Prob. 21RECh. 12 - Prob. 22RECh. 12 - Prob. 23RECh. 12 - Prob. 24RECh. 12 - Prob. 25RECh. 12 - Prob. 26RECh. 12 - Prob. 27RECh. 12 - Prob. 28RECh. 12 - Prob. 29RECh. 12 - Prob. 30RECh. 12 - Prob. 31RECh. 12 - Prob. 32RECh. 12 - Prob. 33RECh. 12 - Prob. 34RECh. 12 - Prob. 35RECh. 12 - Prob. 36RECh. 12 - Prob. 37RECh. 12 - Prob. 38RECh. 12 - Prob. 39RECh. 12 - Prob. 40RECh. 12 - Prob. 41RECh. 12 - Prob. 42RECh. 12 - Prob. 43RECh. 12 - Prob. 44RECh. 12 - Prob. 45RECh. 12 - Prob. 46RECh. 12 - Prob. 47RECh. 12 - Prob. 48RECh. 12 - Prob. 49RECh. 12 - Prob. 50RECh. 12 - Prob. 51RECh. 12 - Prob. 52RECh. 12 - Prob. 53RECh. 12 - Prob. 54RECh. 12 - Prob. 55RECh. 12 - Prob. 56RECh. 12 - Prob. 57RECh. 12 - Prob. 58RECh. 12 - Prob. 59RECh. 12 - Prob. 60RECh. 12 - Prob. 61RECh. 12 - Prob. 62RECh. 12 - Prob. 63RECh. 12 - Prob. 64RECh. 12 - Prob. 65RECh. 12 - Prob. 66RECh. 12 - Prob. 67RECh. 12 - Prob. 68RECh. 12 - Prob. 69RECh. 12 - Prob. 70RECh. 12 - Prob. 71RECh. 12 - Prob. 72RECh. 12 - Prob. 73RECh. 12 - Prob. 74RECh. 12 - Prob. 75RECh. 12 - Prob. 76RECh. 12 - Prob. 77RECh. 12 - Prob. 78RECh. 12 - Prob. 79RECh. 12 - Prob. 80RECh. 12 - Prob. 81RECh. 12 - Prob. 82RECh. 12 - Prob. 83RECh. 12 - Prob. 1TCh. 12 - Prob. 2TCh. 12 - Prob. 3TCh. 12 - A geometric sequence begins 12,3,34,316,364,. (a)...Ch. 12 - The first term of a geometric sequence is 25, and...Ch. 12 - The first term of an arithmetic sequence is 10,...Ch. 12 - Prob. 7TCh. 12 - Write the expression without using sigma notation,...Ch. 12 - Prob. 9TCh. 12 - Prob. 11TCh. 12 - Prob. 12TCh. 12 - A puppy weighs 0.85 lb at birth, and each week he...Ch. 12 - Prob. 1PCh. 12 - Fitness Program Sheila decides to embark on a...Ch. 12 - Monthly Savings Program Alice opens a savings...Ch. 12 - Prob. 4PCh. 12 - Prob. 5PCh. 12 - Prob. 6PCh. 12 - Prob. 7PCh. 12 - Prob. 8PCh. 12 - Prob. 9P
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