For Exercises 11–16, suppose that P dollars in principal is invested at an annual interest rate r . For interest compounded n times per year, the amount A ( t ) in the account after t years is given by A ( t ) = P ( 1 + r n ) n t . If interest is compounded continuously, the amount is given by A ( t ) = P e r t . Suppose an investor deposits $10,000 in an account earning 6.0% interest compounded continuously. Find the total amount in the account for the following time periods. How does the length of time affect the amount of interest earned? a. 5 yr b. 10 yr c. 15 yr d. 20 yr e. 30 yr
For Exercises 11–16, suppose that P dollars in principal is invested at an annual interest rate r . For interest compounded n times per year, the amount A ( t ) in the account after t years is given by A ( t ) = P ( 1 + r n ) n t . If interest is compounded continuously, the amount is given by A ( t ) = P e r t . Suppose an investor deposits $10,000 in an account earning 6.0% interest compounded continuously. Find the total amount in the account for the following time periods. How does the length of time affect the amount of interest earned? a. 5 yr b. 10 yr c. 15 yr d. 20 yr e. 30 yr
Solution Summary: The author calculates the total amount in an account earning 6% interest compounded continuously for 5 years and the effect time has over the interest.
For Exercises 11–16, suppose that P dollars in principal is invested at an annual interest rate r. For interest compounded n times per year, the amount
A
(
t
)
in the account after t years is given by
A
(
t
)
=
P
(
1
+
r
n
)
n
t
. If interest is compounded continuously, the amount is given by
A
(
t
)
=
P
e
r
t
.
Suppose an investor deposits $10,000 in an account earning 6.0% interest compounded continuously. Find the total amount in the account for the following time periods. How does the length of time affect the amount of interest earned?
Chapter 4 Quiz 2 As always, show your work. 1) FindΘgivencscΘ=1.045.
2) Find Θ given sec Θ = 4.213.
3) Find Θ given cot Θ = 0.579. Solve the following three right triangles.
B
21.0
34.6° ca
52.5
4)c
26°
5)
A
b
6) B 84.0 a
42°
b
Q1: A: Let M and N be two subspace of finite dimension linear space X, show that if M = N
then dim M = dim N but the converse need not to be true.
B: Let A and B two balanced subsets of a linear space X, show that whether An B and
AUB are balanced sets or nor.
Q2: Answer only two
A:Let M be a subset of a linear space X, show that M is a hyperplane of X iff there exists
ƒ€ X'/{0} and a € F such that M = (x = x/f&x) = x}.
fe
B:Show that every two norms on finite dimension linear space are equivalent
C: Let f be a linear function from a normed space X in to a normed space Y, show that
continuous at x, E X iff for any sequence (x) in X converge to Xo then the sequence
(f(x)) converge to (f(x)) in Y.
Q3: A:Let M be a closed subspace of a normed space X, constract a linear space X/M as
normed space
B: Let A be a finite dimension subspace of a Banach space X, show that A is closed.
C: Show that every finite dimension normed space is Banach space.
• Plane II is spanned by the vectors:
P12
P2 = 1
• Subspace W is spanned by the vectors:
W₁ =
-- () ·
2
1
W2 =
0
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