PRECALCULUS:GRAPHICAL,...-NASTA ED.
10th Edition
ISBN: 9780134672090
Author: Demana
Publisher: PEARSON
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Expert Solution & Answer
Chapter 3, Problem 99RE
Solution
(a)
To prove : After t years the total amount of interest received from investment plus the original is given by f(x)=1000(1+0.05t) .
Given information :
A certificate of deposit of $1000 earns 5% each year. The interest will be mailed and there will be no interest on interest.
Formula used:
The amount in simple interest is,
A=P+PRT , where P= Principal, R= Rate of interest and T= no. of years.
Proof :
The interest on $1000 at 5% per annum after t years will be,
I=P×R×T=(1000×0.05×t)=(1000×0.05t)
The amount f(x) after t years will be,
f(x)=P+PRT=1000+(1000×0.05t)=1000(1+0.05t)
Therefore, it is proved that after t years the total amount of interest received from investment plus the original is given by f(x)=1000(1+0.05t) .
(b)
To calculate : The values of two investments for t=1,2,........,10 years .
The amount received in compound interest is more than the amount received in simple interest.
Given information :
A certificate of deposit of $1000 earns 5% each year. The interest will be mailed and there will be no interest on interest. Another $1000 at 5% compounded continuously.
Formula used:
The amount in simple interest is,
A=P+PRT , where P= Principal, R= Rate of interest and T= no. of years.
The amount in compound interest is,
A=Pert , where P= Principal, r= Rate of interest and t= no. of years.
Calculation :
After t years the total amount of interest received from first investment plus the original is given by f(x)=1000(1+0.05t) .
| Years (t) | Amount by Simple interest f(x)=1000(1+0.05t) | Amount by compound interest A=1000ert |
| 12345678910 | 1050110011501200125013001350140014501500 | 1051.271105.171161.831221.401284.031349.861419.071491.821568.311648.72 |
Therefore, the amount received in compound interest is more than the amount received in simple interest.
Chapter 3 Solutions
PRECALCULUS:GRAPHICAL,...-NASTA ED.
Ch. 3.1 - Prob. 1QRCh. 3.1 - Prob. 2QRCh. 3.1 - Prob. 3QRCh. 3.1 - Prob. 4QRCh. 3.1 - Prob. 5QRCh. 3.1 - Prob. 6QRCh. 3.1 - Prob. 7QRCh. 3.1 - Prob. 8QRCh. 3.1 - Prob. 9QRCh. 3.1 - Prob. 10QR
Ch. 3.1 - Prob. 1ECh. 3.1 - Prob. 2ECh. 3.1 - Prob. 3ECh. 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 - Prob. 63ECh. 3.1 - Prob. 64ECh. 3.1 - Prob. 65ECh. 3.1 - Prob. 66ECh. 3.1 - Prob. 67ECh. 3.1 - Prob. 68ECh. 3.1 - Prob. 69ECh. 3.1 - Prob. 70ECh. 3.1 - Prob. 71ECh. 3.1 - Prob. 72ECh. 3.1 - Prob. 73ECh. 3.1 - Prob. 74ECh. 3.2 - Prob. 1QRCh. 3.2 - Prob. 2QRCh. 3.2 - Prob. 3QRCh. 3.2 - Prob. 4QRCh. 3.2 - Prob. 5QRCh. 3.2 - Prob. 6QRCh. 3.2 - Prob. 7QRCh. 3.2 - Prob. 8QRCh. 3.2 - Prob. 9QRCh. 3.2 - Prob. 10QRCh. 3.2 - Prob. 1ECh. 3.2 - Prob. 2ECh. 3.2 - Prob. 3ECh. 3.2 - Prob. 4ECh. 3.2 - Prob. 5ECh. 3.2 - Prob. 6ECh. 3.2 - Prob. 7ECh. 3.2 - Prob. 8ECh. 3.2 - Prob. 9ECh. 3.2 - Prob. 10ECh. 3.2 - Prob. 11ECh. 3.2 - Prob. 12ECh. 3.2 - Prob. 13ECh. 3.2 - Prob. 14ECh. 3.2 - Prob. 15ECh. 3.2 - Prob. 16ECh. 3.2 - Prob. 17ECh. 3.2 - Prob. 18ECh. 3.2 - Prob. 19ECh. 3.2 - Prob. 20ECh. 3.2 - Prob. 21ECh. 3.2 - Prob. 22ECh. 3.2 - Prob. 23ECh. 3.2 - Prob. 24ECh. 3.2 - Prob. 25ECh. 3.2 - Prob. 26ECh. 3.2 - Prob. 27ECh. 3.2 - Prob. 28ECh. 3.2 - Prob. 29ECh. 3.2 - Prob. 30ECh. 3.2 - Prob. 31ECh. 3.2 - Prob. 32ECh. 3.2 - Prob. 33ECh. 3.2 - Prob. 34ECh. 3.2 - Prob. 35ECh. 3.2 - Prob. 36ECh. 3.2 - Prob. 37ECh. 3.2 - Prob. 38ECh. 3.2 - Prob. 39ECh. 3.2 - Prob. 40ECh. 3.2 - Prob. 41ECh. 3.2 - Prob. 42ECh. 3.2 - Prob. 43ECh. 3.2 - Prob. 44ECh. 3.2 - Prob. 45ECh. 3.2 - Prob. 46ECh. 3.2 - Prob. 47ECh. 3.2 - Prob. 48ECh. 3.2 - Prob. 49ECh. 3.2 - Prob. 50ECh. 3.2 - Prob. 51ECh. 3.2 - Prob. 52ECh. 3.2 - Prob. 53ECh. 3.2 - Prob. 54ECh. 3.2 - Prob. 55ECh. 3.2 - Prob. 56ECh. 3.2 - Prob. 57ECh. 3.2 - Prob. 58ECh. 3.2 - Prob. 59ECh. 3.2 - Prob. 60ECh. 3.2 - Prob. 61ECh. 3.3 - Prob. 1QRCh. 3.3 - Prob. 2QRCh. 3.3 - Prob. 3QRCh. 3.3 - Prob. 4QRCh. 3.3 - Prob. 5QRCh. 3.3 - Prob. 6QRCh. 3.3 - Prob. 7QRCh. 3.3 - Prob. 8QRCh. 3.3 - Prob. 9QRCh. 3.3 - Prob. 10QRCh. 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 - Prob. 17ECh. 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 - Prob. 29ECh. 3.3 - Prob. 30ECh. 3.3 - Prob. 31ECh. 3.3 - Prob. 32ECh. 3.3 - Prob. 33ECh. 3.3 - Prob. 34ECh. 3.3 - Prob. 35ECh. 3.3 - Prob. 36ECh. 3.3 - Prob. 37ECh. 3.3 - Prob. 38ECh. 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 - Prob. 46ECh. 3.3 - Prob. 47ECh. 3.3 - Prob. 48ECh. 3.3 - Prob. 49ECh. 3.3 - Prob. 50ECh. 3.3 - Prob. 51ECh. 3.3 - Prob. 52ECh. 3.3 - Prob. 53ECh. 3.3 - Prob. 54ECh. 3.3 - Prob. 55ECh. 3.3 - Prob. 56ECh. 3.3 - Prob. 57ECh. 3.3 - Prob. 58ECh. 3.3 - Prob. 59ECh. 3.3 - Prob. 60ECh. 3.3 - Prob. 61ECh. 3.3 - Prob. 62ECh. 3.3 - Prob. 63ECh. 3.3 - Prob. 64ECh. 3.3 - Prob. 65ECh. 3.3 - Prob. 66ECh. 3.3 - Prob. 67ECh. 3.3 - Prob. 68ECh. 3.3 - Prob. 69ECh. 3.3 - Prob. 70ECh. 3.3 - Prob. 71ECh. 3.3 - Prob. 72ECh. 3.3 - Prob. 73ECh. 3.3 - Prob. 74ECh. 3.3 - Prob. 75ECh. 3.4 - Prob. 1QRCh. 3.4 - Prob. 2QRCh. 3.4 - Prob. 3QRCh. 3.4 - Prob. 4QRCh. 3.4 - Prob. 5QRCh. 3.4 - Prob. 6QRCh. 3.4 - Prob. 7QRCh. 3.4 - Prob. 8QRCh. 3.4 - Prob. 9QRCh. 3.4 - Prob. 10QRCh. 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 - Prob. 17ECh. 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 - Prob. 26ECh. 3.4 - Prob. 27ECh. 3.4 - Prob. 28ECh. 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 - Prob. 47ECh. 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 - Prob. 54ECh. 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 - Prob. 61ECh. 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. 3.4 - Prob. 69ECh. 3.4 - Prob. 70ECh. 3.4 - Prob. 71ECh. 3.4 - Prob. 72ECh. 3.4 - Prob. 73ECh. 3.5 - Prob. 1QRCh. 3.5 - Prob. 2QRCh. 3.5 - Prob. 3QRCh. 3.5 - Prob. 4QRCh. 3.5 - Prob. 5QRCh. 3.5 - Prob. 6QRCh. 3.5 - Prob. 7QRCh. 3.5 - Prob. 8QRCh. 3.5 - Prob. 9QRCh. 3.5 - Prob. 10QRCh. 3.5 - Prob. 1ECh. 3.5 - Prob. 2ECh. 3.5 - Prob. 3ECh. 3.5 - Prob. 4ECh. 3.5 - Prob. 5ECh. 3.5 - Prob. 6ECh. 3.5 - Prob. 7ECh. 3.5 - Prob. 8ECh. 3.5 - Prob. 9ECh. 3.5 - Prob. 10ECh. 3.5 - Prob. 11ECh. 3.5 - Prob. 12ECh. 3.5 - Prob. 13ECh. 3.5 - Prob. 14ECh. 3.5 - Prob. 15ECh. 3.5 - Prob. 16ECh. 3.5 - Prob. 17ECh. 3.5 - Prob. 18ECh. 3.5 - Prob. 19ECh. 3.5 - Prob. 20ECh. 3.5 - Prob. 21ECh. 3.5 - Prob. 22ECh. 3.5 - Prob. 23ECh. 3.5 - Prob. 24ECh. 3.5 - Prob. 25ECh. 3.5 - Prob. 26ECh. 3.5 - Prob. 27ECh. 3.5 - Prob. 28ECh. 3.5 - Prob. 29ECh. 3.5 - Prob. 30ECh. 3.5 - Prob. 31ECh. 3.5 - Prob. 32ECh. 3.5 - Prob. 33ECh. 3.5 - Prob. 34ECh. 3.5 - Prob. 35ECh. 3.5 - Prob. 36ECh. 3.5 - Prob. 37ECh. 3.5 - Prob. 38ECh. 3.5 - Prob. 39ECh. 3.5 - Prob. 40ECh. 3.5 - Prob. 41ECh. 3.5 - Prob. 42ECh. 3.5 - Prob. 43ECh. 3.5 - Prob. 44ECh. 3.5 - Prob. 45ECh. 3.5 - Prob. 46ECh. 3.5 - Prob. 47ECh. 3.5 - Prob. 48ECh. 3.5 - Prob. 49ECh. 3.5 - Prob. 50ECh. 3.5 - Prob. 51ECh. 3.5 - Prob. 52ECh. 3.5 - Prob. 53ECh. 3.5 - Prob. 54ECh. 3.5 - Prob. 55ECh. 3.5 - Prob. 56ECh. 3.5 - Prob. 57ECh. 3.5 - Prob. 58ECh. 3.5 - Prob. 59ECh. 3.5 - Prob. 60ECh. 3.5 - Prob. 61ECh. 3.5 - Prob. 62ECh. 3.5 - Prob. 63ECh. 3.5 - Prob. 64ECh. 3.5 - Prob. 65ECh. 3.5 - Prob. 66ECh. 3.5 - Prob. 67ECh. 3.5 - Prob. 68ECh. 3.5 - Prob. 69ECh. 3.5 - Prob. 70ECh. 3.5 - Prob. 71ECh. 3.5 - Prob. 72ECh. 3.5 - Prob. 73ECh. 3.5 - Prob. 74ECh. 3.5 - Prob. 75ECh. 3.5 - Prob. 76ECh. 3.5 - Prob. 77ECh. 3.5 - Prob. 78ECh. 3.5 - Prob. 79ECh. 3.6 - Prob. 1QRCh. 3.6 - Prob. 2QRCh. 3.6 - Prob. 3QRCh. 3.6 - Prob. 4QRCh. 3.6 - Prob. 5QRCh. 3.6 - Prob. 6QRCh. 3.6 - Prob. 7QRCh. 3.6 - Prob. 8QRCh. 3.6 - Prob. 9QRCh. 3.6 - Prob. 10QRCh. 3.6 - Prob. 1ECh. 3.6 - Prob. 2ECh. 3.6 - Prob. 3ECh. 3.6 - Prob. 4ECh. 3.6 - Prob. 5ECh. 3.6 - Prob. 6ECh. 3.6 - Prob. 7ECh. 3.6 - Prob. 8ECh. 3.6 - Prob. 9ECh. 3.6 - Prob. 10ECh. 3.6 - Prob. 11ECh. 3.6 - Prob. 12ECh. 3.6 - Prob. 13ECh. 3.6 - Prob. 14ECh. 3.6 - Prob. 15ECh. 3.6 - Prob. 16ECh. 3.6 - Prob. 17ECh. 3.6 - Prob. 18ECh. 3.6 - Prob. 19ECh. 3.6 - Prob. 20ECh. 3.6 - Prob. 21ECh. 3.6 - Prob. 22ECh. 3.6 - Prob. 23ECh. 3.6 - Prob. 24ECh. 3.6 - Prob. 25ECh. 3.6 - Prob. 26ECh. 3.6 - Prob. 27ECh. 3.6 - Prob. 28ECh. 3.6 - Prob. 29ECh. 3.6 - Prob. 30ECh. 3.6 - Prob. 31ECh. 3.6 - Prob. 32ECh. 3.6 - Prob. 33ECh. 3.6 - Prob. 34ECh. 3.6 - Prob. 35ECh. 3.6 - Prob. 36ECh. 3.6 - Prob. 37ECh. 3.6 - Prob. 38ECh. 3.6 - Prob. 39ECh. 3.6 - Prob. 40ECh. 3.6 - Prob. 41ECh. 3.6 - Prob. 42ECh. 3.6 - Prob. 43ECh. 3.6 - Prob. 44ECh. 3.6 - Prob. 45ECh. 3.6 - Prob. 46ECh. 3.6 - Prob. 47ECh. 3.6 - Prob. 48ECh. 3.6 - Prob. 49ECh. 3.6 - Prob. 50ECh. 3.6 - Prob. 51ECh. 3.6 - Prob. 52ECh. 3.6 - Prob. 53ECh. 3.6 - Prob. 54ECh. 3.6 - Prob. 55ECh. 3.6 - Prob. 56ECh. 3.6 - Prob. 57ECh. 3.6 - Prob. 58ECh. 3.6 - Prob. 59ECh. 3.6 - Prob. 60ECh. 3.6 - Prob. 61ECh. 3.6 - Prob. 62ECh. 3.6 - Prob. 63ECh. 3.6 - Prob. 64ECh. 3.6 - Prob. 65ECh. 3.6 - Prob. 66ECh. 3.6 - Prob. 67ECh. 3.6 - Prob. 68ECh. 3.6 - Prob. 69ECh. 3.6 - Prob. 70ECh. 3.6 - Prob. 71ECh. 3.6 - Prob. 72ECh. 3.6 - Prob. 73ECh. 3 - Prob. 1RECh. 3 - Prob. 2RECh. 3 - Prob. 3RECh. 3 - Prob. 4RECh. 3 - Prob. 5RECh. 3 - Prob. 6RECh. 3 - Prob. 7RECh. 3 - Prob. 8RECh. 3 - Prob. 9RECh. 3 - Prob. 10RECh. 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 - Prob. 29RECh. 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. 65RECh. 3 - Prob. 66RECh. 3 - Prob. 67RECh. 3 - Prob. 68RECh. 3 - Prob. 69RECh. 3 - Prob. 70RECh. 3 - Prob. 71RECh. 3 - Prob. 72RECh. 3 - Prob. 73RECh. 3 - Prob. 74RECh. 3 - Prob. 75RECh. 3 - Prob. 76RECh. 3 - Prob. 77RECh. 3 - Prob. 78RECh. 3 - Prob. 79RECh. 3 - Prob. 80RECh. 3 - Prob. 81RECh. 3 - Prob. 82RECh. 3 - Prob. 83RECh. 3 - Prob. 84RECh. 3 - Prob. 85RECh. 3 - Prob. 86RECh. 3 - Prob. 87RECh. 3 - Prob. 88RECh. 3 - Prob. 89RECh. 3 - Prob. 90RECh. 3 - Prob. 91RECh. 3 - Prob. 92RECh. 3 - Prob. 93RECh. 3 - Prob. 94RECh. 3 - Prob. 95RECh. 3 - Prob. 96RECh. 3 - Prob. 97RECh. 3 - Prob. 98RECh. 3 - Prob. 99RE
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