College Mathematics for Business, Economics, Life Sciences, and Social Sciences + Mylab Math With Pearson Etext Title-specific Access Card:
14th Edition
ISBN: 9780134862613
Author: Barnett, Raymond A.
Publisher: Pearson College Div
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Question
Chapter 3, Problem 1RE
To determine
The amount A if
Expert Solution & Answer
Answer to Problem 1RE
The amount is
Explanation of Solution
It is given that
Change the rate of interest into decimal form as
It is known that, in a year there are 12 months.
Change the time period into years as
Substitute
Therefore, the amount is,
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Exercises
Evaluate the following limits.
1. lim cot x/ln x
+01x
2. lim x² In x
+014
3. lim x*
x0+
4. lim (cos√√x)1/x
+014
5. lim x2/(1-cos x)
x10
6. lim e*/*
818
7. lim (secx - tan x)
x-x/2-
8. lim [1+(3/x)]*
x→∞0
In Exercises 1 through 3, let xo =
O and calculate P7(x) and R7(x).
1. f(x)=sin x, x in R.
2. f(x) = cos x, x in R.
3. f(x) = In(1+x), x≥0.
4. In Exercises 1, 2, and 3, for |x| 1, calculate a value of n such that P(x)
approximates f(x) to within 10-6.
5. Let (an)neN be a sequence of positive real numbers such that L =
lim (an+1/an) exists in R. If L < 1, show that an → 0. [Hint: Let
1111
L
iation
7. Let f be continuous on [a, b] and differentiable on (a, b). If lim f'(x)
xia
exists in R, show that f is differentiable at a and f'(a) = lim f'(x). A
similar result holds for b.
x-a
8. In reference to Corollary 5.4, give an example of a uniformly continuous
function on [0, 1] that is differentiable on (0, 1] but whose derivative is not
bounded there.
9. Recall that a fixed point of a function f is a point c such that f(c) = c.
(a) Show that if f is differentiable on R and f'(x)| x if x 1 and hence In(1+x) 0.
12. For 0 л/2. (Thus,
as x л/2 from the left, cos x is never large enough for x+cosx to be
greater than л/2 and cot x is never small enough for x + cot x to be less
than x/2.)
Chapter 3 Solutions
College Mathematics for Business, Economics, Life Sciences, and Social Sciences + Mylab Math With Pearson Etext Title-specific Access Card:
Ch. 3.1 - Find the total amount due on a loan of $500 at 12%...Ch. 3.1 - Repeat Example 2 with a time period of 6...Ch. 3.1 - Repeat Example 3, assuming that you pay $9,828.74...Ch. 3.1 - Repeat Example 4 assuming that 90 days after it...Ch. 3.1 - Repeat Example 5 if 500 shares of stock were...Ch. 3.1 - Prob. 6MPCh. 3.1 - Prob. 1EDCh. 3.1 - Prob. 1ECh. 3.1 - In, Problems 1-4, if necessary, review Section...Ch. 3.1 - Prob. 3E
Ch. 3.1 - Prob. 4ECh. 3.1 - Prob. 5ECh. 3.1 - Prob. 6ECh. 3.1 - Prob. 7ECh. 3.1 - Prob. 8ECh. 3.1 - Prob. 9ECh. 3.1 - Prob. 10ECh. 3.1 - Prob. 11ECh. 3.1 - Prob. 12ECh. 3.1 - Prob. 13ECh. 3.1 - Prob. 14ECh. 3.1 - Prob. 15ECh. 3.1 - Prob. 16ECh. 3.1 - Prob. 17ECh. 3.1 - Prob. 18ECh. 3.1 - Prob. 19ECh. 3.1 - Prob. 20ECh. 3.1 - Prob. 21ECh. 3.1 - Prob. 22ECh. 3.1 - Prob. 23ECh. 3.1 - Prob. 24ECh. 3.1 - Prob. 25ECh. 3.1 - Prob. 26ECh. 3.1 - Prob. 27ECh. 3.1 - Prob. 28ECh. 3.1 - Prob. 29ECh. 3.1 - Prob. 30ECh. 3.1 - Prob. 31ECh. 3.1 - Prob. 32ECh. 3.1 - Prob. 33ECh. 3.1 - Prob. 34ECh. 3.1 - Prob. 35ECh. 3.1 - Prob. 36ECh. 3.1 - Prob. 37ECh. 3.1 - Prob. 38ECh. 3.1 - Prob. 39ECh. 3.1 - Prob. 40ECh. 3.1 - Prob. 41ECh. 3.1 - Prob. 42ECh. 3.1 - Prob. 43ECh. 3.1 - Prob. 44ECh. 3.1 - Prob. 45ECh. 3.1 - Prob. 46ECh. 3.1 - Prob. 47ECh. 3.1 - Prob. 48ECh. 3.1 - Prob. 49ECh. 3.1 - Prob. 50ECh. 3.1 - Prob. 51ECh. 3.1 - Prob. 52ECh. 3.1 - Prob. 53ECh. 3.1 - Prob. 54ECh. 3.1 - Prob. 55ECh. 3.1 - Prob. 56ECh. 3.1 - Prob. 57ECh. 3.1 - Prob. 58ECh. 3.1 - Prob. 59ECh. 3.1 - Prob. 60ECh. 3.1 - Prob. 61ECh. 3.1 - Prob. 62ECh. 3.1 - What annual interest rate is earned by a 13-week...Ch. 3.1 - Prob. 64ECh. 3.1 - Prob. 65ECh. 3.1 - Prob. 66ECh. 3.1 - Prob. 67ECh. 3.1 - Prob. 68ECh. 3.1 - For services rendered, an attorney accepts a...Ch. 3.1 - Prob. 70ECh. 3.1 - Use the commission schedule from Company A shown...Ch. 3.1 - Prob. 72ECh. 3.1 - Prob. 73ECh. 3.1 - Prob. 74ECh. 3.1 - Prob. 75ECh. 3.1 - Prob. 76ECh. 3.1 - Many tax preparation firms offer their clients a...Ch. 3.1 - Prob. 78ECh. 3.1 - Prob. 79ECh. 3.1 - Prob. 80ECh. 3.1 - Prob. 81ECh. 3.1 - Prob. 82ECh. 3.1 - In Problems 83–86, assume that the annual interest...Ch. 3.1 - Prob. 84ECh. 3.1 - Prob. 85ECh. 3.1 - Prob. 86ECh. 3.1 - Prob. 87ECh. 3.1 - A payday loan is a short-term loan that is repaid...Ch. 3.1 - A payday loan is a short-term loan that is repaid...Ch. 3.1 - Prob. 90ECh. 3.2 - Repeat Example 1 with an annual interest rate of...Ch. 3.2 - Prob. 2MPCh. 3.2 - Prob. 3MPCh. 3.2 - Prob. 4MPCh. 3.2 - Prob. 5MPCh. 3.2 - Prob. 6MPCh. 3.2 - Prob. 7MPCh. 3.2 - Prob. 1EDCh. 3.2 - Prob. 2EDCh. 3.2 - Prob. 1ECh. 3.2 - Prob. 2ECh. 3.2 - Prob. 3ECh. 3.2 - Prob. 4ECh. 3.2 - In Problems 1–8, solve the equation for the...Ch. 3.2 - Prob. 6ECh. 3.2 - Prob. 7ECh. 3.2 - In Problems 1–8, solve the equation for the...Ch. 3.2 - Prob. 9ECh. 3.2 - Prob. 10ECh. 3.2 - Prob. 11ECh. 3.2 - Prob. 12ECh. 3.2 - In Problems 13–20, use the continuous compound...Ch. 3.2 - Prob. 14ECh. 3.2 - Prob. 15ECh. 3.2 - Prob. 16ECh. 3.2 - Prob. 17ECh. 3.2 - In Problems 13–20, use the continuous compound...Ch. 3.2 - Prob. 19ECh. 3.2 - Prob. 20ECh. 3.2 - Prob. 21ECh. 3.2 - Prob. 22ECh. 3.2 - In Problems 21–28, use the given annual interest...Ch. 3.2 - Prob. 24ECh. 3.2 - Prob. 25ECh. 3.2 - Prob. 26ECh. 3.2 - Prob. 27ECh. 3.2 - In Problems 21–28, use the given annual interest...Ch. 3.2 - Prob. 29ECh. 3.2 - Prob. 30ECh. 3.2 - Prob. 31ECh. 3.2 - Prob. 32ECh. 3.2 - In Problems 29–36, use the given interest rate i...Ch. 3.2 - Prob. 34ECh. 3.2 - Prob. 35ECh. 3.2 - Prob. 36ECh. 3.2 - Prob. 37ECh. 3.2 - If $2,000 is invested at 7%...Ch. 3.2 - Prob. 39ECh. 3.2 - If $20,000 is invested at 4% compounded monthly,...Ch. 3.2 - If $8,000 is invested at 7% compounded...Ch. 3.2 - Prob. 42ECh. 3.2 - Prob. 43ECh. 3.2 - Prob. 44ECh. 3.2 - Prob. 45ECh. 3.2 - Prob. 46ECh. 3.2 - If an investment company pays 6% compounded...Ch. 3.2 - If an investment company pays 8% compounded...Ch. 3.2 - Prob. 49ECh. 3.2 - Prob. 50ECh. 3.2 - Prob. 51ECh. 3.2 - Prob. 52ECh. 3.2 - What is the annual percentage yield (APY) for...Ch. 3.2 - Prob. 54ECh. 3.2 - Prob. 55ECh. 3.2 - Prob. 56ECh. 3.2 - Prob. 57ECh. 3.2 - How long will it take $42,000 to grow to $60,276...Ch. 3.2 - Prob. 59ECh. 3.2 - Prob. 60ECh. 3.2 - Prob. 61ECh. 3.2 - Prob. 62ECh. 3.2 - How long will it take money to double if it is...Ch. 3.2 - Prob. 64ECh. 3.2 - Prob. 65ECh. 3.2 - Prob. 66ECh. 3.2 - Prob. 67ECh. 3.2 - If the inflation rate averages 4% per year...Ch. 3.2 - Prob. 69ECh. 3.2 - In a suburb, housing costs have been increasing at...Ch. 3.2 - Prob. 71ECh. 3.2 - (A) Starting with formula (1), derive each of the...Ch. 3.2 - A promissory note will pay $50,000 at maturity 6...Ch. 3.2 - Prob. 74ECh. 3.2 - Prob. 75ECh. 3.2 - A married couple has $15,000 toward the purchase...Ch. 3.2 - An Individual Retirement Account (IRA) has $20,000...Ch. 3.2 - If $1 had been placed in a bank account in the...Ch. 3.2 - How long will it take money to double if it is...Ch. 3.2 - Prob. 80ECh. 3.2 - Prob. 81ECh. 3.2 - Prob. 82ECh. 3.2 - How long does it take for a $2,400 investment at...Ch. 3.2 - Prob. 84ECh. 3.2 - Prob. 85ECh. 3.2 - Prob. 86ECh. 3.2 - Prob. 87ECh. 3.2 - What is the annual nominal rate compounded monthly...Ch. 3.2 - Prob. 89ECh. 3.2 - Prob. 90ECh. 3.2 - Prob. 91ECh. 3.2 - Problems 91–94 refer to zero coupon bonds. A zero...Ch. 3.2 - Problems 91–94 refer to zero coupon bonds. A zero...Ch. 3.2 - Prob. 94ECh. 3.2 - Prob. 95ECh. 3.2 - Prob. 96ECh. 3.2 - The buying and selling commission schedule shown...Ch. 3.2 - Prob. 98ECh. 3.3 - Matched Problem 1 What is the value of an annuity...Ch. 3.3 - Prob. 2MPCh. 3.3 - Prob. 3MPCh. 3.3 - Prob. 4MPCh. 3.3 - Prob. 1EDCh. 3.3 - Prob. 2EDCh. 3.3 - Prob. 1ECh. 3.3 - Prob. 2ECh. 3.3 - Prob. 3ECh. 3.3 - Prob. 4ECh. 3.3 - Prob. 5ECh. 3.3 - Prob. 6ECh. 3.3 - Prob. 7ECh. 3.3 - Prob. 8ECh. 3.3 - Prob. 9ECh. 3.3 - Prob. 10ECh. 3.3 - Prob. 11ECh. 3.3 - Prob. 12ECh. 3.3 - Prob. 13ECh. 3.3 - Prob. 14ECh. 3.3 - Prob. 15ECh. 3.3 - Prob. 16ECh. 3.3 - In Problems 15–22, use the future value formula...Ch. 3.3 - Prob. 18ECh. 3.3 - Prob. 19ECh. 3.3 - Prob. 20ECh. 3.3 - Prob. 21ECh. 3.3 - Prob. 22ECh. 3.3 - Prob. 23ECh. 3.3 - Prob. 24ECh. 3.3 - Prob. 25ECh. 3.3 - Prob. 26ECh. 3.3 - Prob. 27ECh. 3.3 - Prob. 28ECh. 3.3 - In order to accumulate enough money for a down...Ch. 3.3 - Prob. 30ECh. 3.3 - Prob. 31ECh. 3.3 - Prob. 32ECh. 3.3 - Prob. 33ECh. 3.3 - Prob. 34ECh. 3.3 - If $1,000 is deposited at the end of each year for...Ch. 3.3 - Prob. 36ECh. 3.3 - Prob. 37ECh. 3.3 - If $500 is deposited each quarter into an account...Ch. 3.3 - Prob. 39ECh. 3.3 - Prob. 40ECh. 3.3 - Prob. 41ECh. 3.3 - Prob. 42ECh. 3.3 - Prob. 43ECh. 3.3 - Prob. 44ECh. 3.3 - Prob. 45ECh. 3.3 - A company establishes a sinking fund for upgrading...Ch. 3.3 - Prob. 47ECh. 3.3 - Prob. 48ECh. 3.3 - Prob. 49ECh. 3.3 - Prob. 50ECh. 3.3 - In Problems 51 and 52, use graphical approximation...Ch. 3.3 - Prob. 52ECh. 3.4 - How much should you deposit in an account paying...Ch. 3.4 - Prob. 2MPCh. 3.4 - Prob. 3MPCh. 3.4 - Prob. 4MPCh. 3.4 - A couple purchased a home 20 years ago for...Ch. 3.4 - Which option should you choose if your credit...Ch. 3.4 - Prob. 7MPCh. 3.4 - Prob. 1EDCh. 3.4 - Prob. 2EDCh. 3.4 - Prob. 1ECh. 3.4 - Prob. 2ECh. 3.4 - Prob. 3ECh. 3.4 - Prob. 4ECh. 3.4 - Prob. 5ECh. 3.4 - Prob. 6ECh. 3.4 - Prob. 7ECh. 3.4 - Prob. 8ECh. 3.4 - Prob. 9ECh. 3.4 - Prob. 10ECh. 3.4 - Prob. 11ECh. 3.4 - Prob. 12ECh. 3.4 - Prob. 13ECh. 3.4 - Prob. 14ECh. 3.4 - Prob. 15ECh. 3.4 - Prob. 16ECh. 3.4 - In Problems 15–22, use formula (5) or (6) to solve...Ch. 3.4 - Prob. 18ECh. 3.4 - Prob. 19ECh. 3.4 - Prob. 20ECh. 3.4 - Prob. 21ECh. 3.4 - Prob. 22ECh. 3.4 - Prob. 23ECh. 3.4 - Prob. 24ECh. 3.4 - Prob. 25ECh. 3.4 - Explain why the last payment in an amortization...Ch. 3.4 - Prob. 27ECh. 3.4 - American General offers a 7-yeru ordinary annuity...Ch. 3.4 - Prob. 29ECh. 3.4 - Prob. 30ECh. 3.4 - Prob. 31ECh. 3.4 - Prob. 32ECh. 3.4 - Prob. 33ECh. 3.4 - Prob. 34ECh. 3.4 - Prob. 35ECh. 3.4 - Prob. 36ECh. 3.4 - Prob. 37ECh. 3.4 - Prob. 38ECh. 3.4 - Prob. 39ECh. 3.4 - Prob. 40ECh. 3.4 - Prob. 41ECh. 3.4 - Prob. 42ECh. 3.4 - Prob. 43ECh. 3.4 - Prob. 44ECh. 3.4 - Prob. 45ECh. 3.4 - Prob. 46ECh. 3.4 - Some friends tell you that they paid $25,000 down...Ch. 3.4 - Prob. 48ECh. 3.4 - Prob. 49ECh. 3.4 - Prob. 50ECh. 3.4 - Prob. 51ECh. 3.4 - Prob. 52ECh. 3.4 - Prob. 53ECh. 3.4 - At the time they retire, a couple has $200,000 in...Ch. 3.4 - Prob. 55ECh. 3.4 - Prob. 56ECh. 3.4 - Prob. 57ECh. 3.4 - Prob. 58ECh. 3.4 - Prob. 59ECh. 3.4 - Prob. 60ECh. 3.4 - A person purchased a $145,000 home 10 years ago by...Ch. 3.4 - Prob. 62ECh. 3.4 - Prob. 63ECh. 3.4 - Prob. 64ECh. 3.4 - Prob. 65ECh. 3.4 - Prob. 66ECh. 3.4 - Prob. 67ECh. 3.4 - Prob. 68ECh. 3 - Prob. 1RECh. 3 - In Problems 1–4, find the indicated quantity,...Ch. 3 - In Problems 1–4, find the indicated quantity,...Ch. 3 - In Problems 1–4, find the indicated quantity,...Ch. 3 - In Problems 5 and 6, find the indicated quantity,...Ch. 3 - In Problems 5 and 6, find the indicated quantity,...Ch. 3 - In Problems 7 and 8, find the indicated quantity,...Ch. 3 - In Problems 7 and 8, find the indicated quantity,...Ch. 3 - In Problems 9 and 10, find the indicated quantity,...Ch. 3 - In Problems 9 and 10, find the indicated quantity,...Ch. 3 - Prob. 11RECh. 3 - Prob. 12RECh. 3 - Prob. 13RECh. 3 - Prob. 14RECh. 3 - Prob. 15RECh. 3 - Prob. 16RECh. 3 - Prob. 17RECh. 3 - Prob. 18RECh. 3 - Prob. 19RECh. 3 - Prob. 20RECh. 3 - Prob. 21RECh. 3 - Prob. 22RECh. 3 - Prob. 23RECh. 3 - Prob. 24RECh. 3 - Prob. 25RECh. 3 - Prob. 26RECh. 3 - Prob. 27RECh. 3 - Prob. 28RECh. 3 - You want to purchase an automobile for $21,600....Ch. 3 - Prob. 30RECh. 3 - Prob. 31RECh. 3 - Prob. 32RECh. 3 - Prob. 33RECh. 3 - Prob. 34RECh. 3 - Prob. 35RECh. 3 - Prob. 36RECh. 3 - Prob. 37RECh. 3 - Prob. 38RECh. 3 - Prob. 39RECh. 3 - Prob. 40RECh. 3 - Prob. 41RECh. 3 - Prob. 42RECh. 3 - Prob. 43RECh. 3 - Prob. 44RECh. 3 - Prob. 45RECh. 3 - Prob. 46RECh. 3 - Prob. 47RECh. 3 - Prob. 48RECh. 3 - Prob. 49RECh. 3 - Prob. 50RECh. 3 - Prob. 51RECh. 3 - Prob. 52RECh. 3 - Prob. 53RECh. 3 - Prob. 54RECh. 3 - Prob. 55RECh. 3 - Prob. 56RECh. 3 - Prob. 57RECh. 3 - Prob. 58RECh. 3 - Prob. 59RECh. 3 - Prob. 60RECh. 3 - Prob. 61RECh. 3 - Prob. 62RECh. 3 - Prob. 63RECh. 3 - Prob. 64RECh. 3 - Prob. 65RE
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