Contemporary Mathematics for Business & Consumers
8th Edition
ISBN: 9781305886803
Author: Brechner
Publisher: Cengage
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 12.II, Problem 6TIE
(a)
To determine
To calculate: The amount that should be deposited by Angus McDonald now so that he can receive
(b)
To determine
To calculate: The amount that should be deposited by Angus McDonald, so that he can receive
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Keity
x२
1. (i)
Identify which of the following subsets of R2 are open and which
are not.
(a)
A = (2,4) x (1, 2),
(b)
B = (2,4) x {1,2},
(c)
C = (2,4) x R.
Provide a sketch and a brief explanation to each of your answers.
[6 Marks]
(ii)
Give an example of a bounded set in R2 which is not open.
[2 Marks]
(iii)
Give an example of an open set in R2 which is not bounded.
[2 Marks
2.
(i)
Which of the following statements are true? Construct coun-
terexamples for those that are false.
(a)
sequence.
Every bounded sequence (x(n)) nEN C RN has a convergent sub-
(b)
(c)
(d)
Every sequence (x(n)) nEN C RN has a convergent subsequence.
Every convergent sequence (x(n)) nEN C RN is bounded.
Every bounded sequence (x(n)) EN CRN converges.
nЄN
(e)
If a sequence (xn)nEN C RN has a convergent subsequence, then
(xn)nEN is convergent.
[10 Marks]
(ii)
Give an example of a sequence (x(n))nEN CR2 which is located on
the parabola x2 = x², contains infinitely many different points and converges
to the limit x = (2,4).
[5 Marks]
2.
(i) What does it mean to say that a sequence (x(n)) nEN CR2
converges to the limit x E R²?
[1 Mark]
(ii) Prove that if a set ECR2 is closed then every convergent
sequence (x(n))nen in E has its limit in E, that is
(x(n)) CE and x() x
x = E.
[5 Marks]
(iii)
which is located on the parabola x2 = = x
x4, contains a subsequence that
Give an example of an unbounded sequence (r(n)) nEN CR2
(2, 16) and such that x(i)
converges to the limit x = (2, 16) and such that x(i)
#
x() for any i j.
[4 Marks
Chapter 12 Solutions
Contemporary Mathematics for Business & Consumers
Ch. 12.I - Freeport Bank is paying 8% interest compounded...Ch. 12.I - Vista Savings Loan is paying 6% interest...Ch. 12.I - Katrina Byrd invested $250 at the end of every...Ch. 12.I - Use Table 12-1 to calculate the future value of...Ch. 12.I - Use Table 12-1 to calculate the future value of...Ch. 12.I - Use Table 12-1 to calculate the future value of...Ch. 12.I - Use Table 12-1 to calculate the future value of...Ch. 12.I - Use Table 12-1 to calculate the future value of...Ch. 12.I - Use Table 12-1 to calculate the future value of...Ch. 12.I - Use Table 12-1 to calculate the future value of...
Ch. 12.I - Use Table 12-1 to calculate the future value of...Ch. 12.I - Use Table 12-1 to calculate the future value of...Ch. 12.I - Use Table 12-1 to calculate the future value of...Ch. 12.I - Solve the following exercises by using Table 12-1....Ch. 12.I - Solve the following exercises by using Table 12-1....Ch. 12.I - Solve the following exercises by using Table...Ch. 12.I - Solve the following exercises by using Table 12-1....Ch. 12.I - Solve the following exercises by using Table...Ch. 12.I - Solve the following exercises by using formulas....Ch. 12.I - Solve the following exercises by using...Ch. 12.I - Solve the following exercises by using formulas....Ch. 12.I - Annuities Due Annuity Payment Time Nominal...Ch. 12.I - Annuities...Ch. 12.I - Annuities Due Annuity Payment Time Nominal...Ch. 12.I - To establish a "rainy day" cash reserve account....Ch. 12.I - 23. As a part of his retirement planning strategy....Ch. 12.I - Hi-Tech Hardware has been in business for a few...Ch. 12.II - Prob. 4TIECh. 12.II - Prob. 5TIECh. 12.II - Prob. 6TIECh. 12.II - Use Table 12-2 to calculate the present value of...Ch. 12.II - Prob. 2RECh. 12.II - Prob. 3RECh. 12.II - Prob. 4RECh. 12.II - Prob. 5RECh. 12.II - Prob. 6RECh. 12.II - Prob. 7RECh. 12.II - Prob. 8RECh. 12.II - Prob. 9RECh. 12.II - Prob. 10RECh. 12.II - Prob. 11RECh. 12.II - Solve the following exercises by using Table...Ch. 12.II - Solve the following exercises by using Table 12-2....Ch. 12.II - Prob. 14RECh. 12.II - Solve the following exercises by using Table...Ch. 12.II - Solve the following exercises by using Table...Ch. 12.II - Prob. 17RECh. 12.II - Prob. 18RECh. 12.II - Prob. 19RECh. 12.II - Prob. 20RECh. 12.II - Prob. 21RECh. 12.II - Prob. 22RECh. 12.II - As part of an inheritance. Joan Townsend will...Ch. 12.II - Norm Legend has been awarded a scholarship from...Ch. 12.III - Prob. 7TIECh. 12.III - Prob. 8TIECh. 12.III - Prob. 9TIECh. 12.III - Apex Manufacturing recently purchased a new...Ch. 12.III - Prob. 1RECh. 12.III - Prob. 2RECh. 12.III - Prob. 3RECh. 12.III - Prob. 4RECh. 12.III - Prob. 5RECh. 12.III - Prob. 6RECh. 12.III - You have just been hired as a loan officer at the...Ch. 12.III - Prob. 8RECh. 12.III - Prob. 9RECh. 12.III - Loan Payment Term of Nominal Present...Ch. 12.III - Prob. 11RECh. 12.III - Solve the following exercises by using tables.
12....Ch. 12.III - Solve the following exercises by using tables.
13....Ch. 12.III - Solve the following exercises by using tables....Ch. 12.III - Solve the following exercises by using tables.
15....Ch. 12.III - Solve the following exercises by using the sinking...Ch. 12.III - Prob. 17RECh. 12.III - Prob. 18RECh. 12.III - Prob. 19RECh. 12.III - Prob. 20RECh. 12.III - Prob. 21RECh. 12.III - Prob. 22RECh. 12.III - Randy Scott purchased a motorcycle for $8,500 with...Ch. 12.III - Prob. 24RECh. 12.III - Prob. 25RECh. 12 - Payment or receipt of equal amounts of money per...Ch. 12 - Prob. 2CRCh. 12 - Prob. 3CRCh. 12 - Prob. 4CRCh. 12 - Prob. 5CRCh. 12 - The table factor for an annuity due is found by...Ch. 12 - 7. Write the formula for calculating the future...Ch. 12 - Prob. 8CRCh. 12 - Prob. 9CRCh. 12 - Prob. 10CRCh. 12 - 11. A(n) ____ fund is an account used to set aside...Ch. 12 - Prob. 12CRCh. 12 - Prob. 13CRCh. 12 - Prob. 14CRCh. 12 - Prob. 1ATCh. 12 - Prob. 2ATCh. 12 - Prob. 3ATCh. 12 - Prob. 4ATCh. 12 - Prob. 5ATCh. 12 - Prob. 6ATCh. 12 - Prob. 7ATCh. 12 - Use Table 12-2 to calculate the present value of...Ch. 12 - Prob. 9ATCh. 12 - Use Table 12-1 to calculate the amount of the...Ch. 12 - Prob. 11ATCh. 12 - Prob. 12ATCh. 12 - Prob. 13ATCh. 12 - Prob. 14ATCh. 12 - Prob. 15ATCh. 12 - Prob. 16ATCh. 12 - Solve the following exercises by using tables.
17....Ch. 12 - Prob. 18ATCh. 12 - Prob. 19ATCh. 12 - Solve the following exercises by using tables....Ch. 12 - Solve the following exercises by using formulas....Ch. 12 - Prob. 22ATCh. 12 - Prob. 23ATCh. 12 - Prob. 24ATCh. 12 - Prob. 25ATCh. 12 - Prob. 26ATCh. 12 - Prob. 27ATCh. 12 - Prob. 28ATCh. 12 - Prob. 29ATCh. 12 - Prob. 30ATCh. 12 - Prob. 31ATCh. 12 - Prob. 32ATCh. 12 - Prob. 33ATCh. 12 - Prob. 34ATCh. 12 - Prob. 35AT
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
- 1. (i) which are not. Identify which of the following subsets of R2 are open and (a) A = (1, 3) x (1,2) (b) B = (1,3) x {1,2} (c) C = AUB (ii) Provide a sketch and a brief explanation to each of your answers. [6 Marks] Give an example of a bounded set in R2 which is not open. (iii) [2 Marks] Give an example of an open set in R2 which is not bounded. [2 Marks]arrow_forwardsat Pie Joday) B rove: ABCB. Step 1 Statement D is the midpoint of AC ED FD ZEDAZFDC Reason Given 2 ADDC Select a Reason... A OBB hp B E F D Carrow_forward2. if limit. Recall that a sequence (x(n)) CR2 converges to the limit x = R² lim ||x(n)x|| = 0. 818 - (i) Prove that a convergent sequence (x(n)) has at most one [4 Marks] (ii) Give an example of a bounded sequence (x(n)) CR2 that has no limit and has accumulation points (1, 0) and (0, 1) [3 Marks] (iii) Give an example of a sequence (x(n))neN CR2 which is located on the hyperbola x2 1/x1, contains infinitely many different Total marks 10 points and converges to the limit x = (2, 1/2). [3 Marks]arrow_forward
- 3. (i) Consider a mapping F: RN Rm. Explain in your own words the relationship between the existence of all partial derivatives of F and dif- ferentiability of F at a point x = RN. (ii) [3 Marks] Calculate the gradient of the following function f: R2 → R, f(x) = ||x||3, Total marks 10 where ||x|| = √√√x² + x/2. [7 Marks]arrow_forward1. (i) (ii) which are not. What does it mean to say that a set ECR2 is closed? [1 Mark] Identify which of the following subsets of R2 are closed and (a) A = [-1, 1] × (1, 3) (b) B = [-1, 1] x {1,3} (c) C = {(1/n², 1/n2) ER2 | n EN} Provide a sketch and a brief explanation to each of your answers. [6 Marks] (iii) Give an example of a closed set which does not have interior points. [3 Marks]arrow_forwardFunction: y=xsinx Interval: [ 0 ; π ] Requirements: Draw the graphical form of the function. Show the coordinate axes (x and y). Choose the scale yourself and show it in the flowchart. Create a flowchart based on the algorithm. Write the program code in Python. Additional requirements: Each stage must be clearly shown in the flowchart. The program must plot the graph and save it in PNG format. Write the code in a modular way (functions and main section should be separate). Expected results: The graph of y=xsinx will be plotted in the interval [ 0 ; π ]. The algorithm and flowchart will be understandable and complete. When you test the code, a graph file in PNG format will be created.arrow_forward
- A company specializing in lubrication products for vintage motors produce two blended oils, Smaza and Nefkov. They make a profit of K5,000.00 per litre of Smaza and K4,000.00 per litre of Nefkov. A litre of Smaza requires 0.4 litres of heavy oil and 0.6 litres of light oil. A litre of Nefkov requires 0.8 litres of heavy oil and 0.2 litres of light oil. The company has 100 litres of heavy oil and 80 litres of light oil. How many litres of each product should they make to maximize profits and what level of profit will they obtain? Show all your workings.arrow_forwardUse the graphs to find estimates for the solutions of the simultaneous equations.arrow_forwardPLEASE SOLVE STEP BY STEP WITHOUT ARTIFICIAL INTELLIGENCE OR CHATGPT SOLVE BY HAND STEP BY STEParrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Discrete Mathematics and Its Applications ( 8th I...MathISBN:9781259676512Author:Kenneth H RosenPublisher:McGraw-Hill EducationMathematics for Elementary Teachers with Activiti...MathISBN:9780134392790Author:Beckmann, SybillaPublisher:PEARSON
- Thinking Mathematically (7th Edition)MathISBN:9780134683713Author:Robert F. BlitzerPublisher:PEARSONDiscrete Mathematics With ApplicationsMathISBN:9781337694193Author:EPP, Susanna S.Publisher:Cengage Learning,Pathways To Math Literacy (looseleaf)MathISBN:9781259985607Author:David Sobecki Professor, Brian A. MercerPublisher:McGraw-Hill Education
Discrete Mathematics and Its Applications ( 8th I...
Math
ISBN:9781259676512
Author:Kenneth H Rosen
Publisher:McGraw-Hill Education
Mathematics for Elementary Teachers with Activiti...
Math
ISBN:9780134392790
Author:Beckmann, Sybilla
Publisher:PEARSON
Thinking Mathematically (7th Edition)
Math
ISBN:9780134683713
Author:Robert F. Blitzer
Publisher:PEARSON
Discrete Mathematics With Applications
Math
ISBN:9781337694193
Author:EPP, Susanna S.
Publisher:Cengage Learning,
Pathways To Math Literacy (looseleaf)
Math
ISBN:9781259985607
Author:David Sobecki Professor, Brian A. Mercer
Publisher:McGraw-Hill Education
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