Compound Interest. If an amount P 0 is invested in the Mandelbrot Bond Fund and interest is compounded continuously at 5.9% per year, the balance P grows at the rate given by d P d t = 0.059 P . a. Find the function that satisfies the equation. Write it in terms of P 0 and 0.059. b. Suppose $1000 is invested. What is the balance after 1 yr? After 2 yr? c. When will an investment of $1000 double itself?
Compound Interest. If an amount P 0 is invested in the Mandelbrot Bond Fund and interest is compounded continuously at 5.9% per year, the balance P grows at the rate given by d P d t = 0.059 P . a. Find the function that satisfies the equation. Write it in terms of P 0 and 0.059. b. Suppose $1000 is invested. What is the balance after 1 yr? After 2 yr? c. When will an investment of $1000 double itself?
Compound Interest. If an amount
P
0
is invested in the Mandelbrot Bond Fund and interest is compounded continuously at 5.9% per year, the balance P grows at the rate given by
d
P
d
t
=
0.059
P
.
a. Find the function that satisfies the equation. Write it in terms of
P
0
and 0.059.
b. Suppose $1000 is invested. What is the balance after 1 yr? After 2 yr?
c. When will an investment of $1000 double itself?
Taylor Series Approximation Example- H.W
More terms used implies better approximation
f(x) 4
f(x)
Zero order
f(x + 1) = f(x;)
First order
f(x; + 1) = f(x;) + f'(x;)h
1.0
Second order
0.5
True
f(x + 1) =
f(x) + f'(x)h +
ƒ"(x;)
h2
2!
f(x+1)
0
x; = 0
x+1 = 1
x
h
f(x)=0.1x4-0.15x³- 0.5x2 -0.25x + 1.2
51
Taylor Series Approximation H.w:
Smaller step size implies smaller error
Errors
f(x) +
f(x,)
Zero order
f(x,+ 1) = f(x)
First order
1.0
0.5
Reduced step size
Second order
True
f(x + 1) = f(x) + f'(x)h
f(x; + 1) = f(x) + f'(x)h + "(xi) h2
f(x,+1)
O
x₁ = 0
x+1=1
Using Taylor Series Expansion estimate f(1.35) with x0 =0.75 with 5
iterations (or & s= 5%) for
f(x)=0.1x 0.15x³-0.5x²- 0.25x + 1.2
52
Could you explain this using the formula I attached and polar coorindates
Could you explain this using the formula I attached and polar coordinates
Chapter 3 Solutions
Calculus and Its Applications Plus MyLab Math with Pearson eText -- Access Card Package (11th Edition) (Bittinger, Ellenbogen & Surgent, The Calculus and Its Applications Series)
Calculus for Business, Economics, Life Sciences, and Social Sciences (14th Edition)
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