Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN: 9781337111348
Author: Bruce Crauder, Benny Evans, Alan Noell
Publisher: Cengage Learning
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Chapter 4.3, Problem 11E

Reminder Round all answers to two decimal places unless otherwise indicated.

An Investment You have invested money in a savings account that pays a fixed monthly interest on the account balance. The following table shows the account balance over the first 5 months.

Time, in months Saving balance
0 $ 1750.00
1 $ 1771.00
2 $ 1792.25
3 $ 1813.76
4 $ 1835.52
5 $ 1857.55

a. How much money was originally invested?

b. Show that the data are exponential and find an exponential model for the account balance.

c. What is the monthly interest rate?

d. What is the yearly interest rate?

e. Suppose that you made this investment on the occasion of the birth of your daughter. Your plan is to leave the money in the account until she starts college at age 18. How large a college fund will she have?

f. How long does it take your money to double in value? How much longer does it take it to double in value again?

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Chapter 4 Solutions

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

Ch. 4.1 - Reminder Round all answers to two decimal places...Ch. 4.1 - Reminder Round all answers to two decimal places...Ch. 4.1 - Reminder Round all answers to two decimal places...Ch. 4.1 - Reminder Round all answers to two decimal places...Ch. 4.1 - Reminder Round all answers to two decimal places...Ch. 4.1 - Reminder Round all answers to two decimal places...Ch. 4.1 - Reminder Round all answers to two decimal places...Ch. 4.1 - Reminder Round all answers to two decimal places...Ch. 4.1 - Reminder Round all answers to two decimal places...Ch. 4.1 - Reminder Round all answers to two decimal places...Ch. 4.1 - Reminder Round all answers to two decimal places...Ch. 4.1 - Reminder Round all answers to two decimal places...Ch. 4.1 - Exponential Growth with Given Initial Value and...Ch. 4.1 - Exponential Decay with Given Initial Value and...Ch. 4.1 - Exponential GrowthAn amount A is initially 10. To...Ch. 4.1 - Exponential GrowthAn amount A is initially 8. To...Ch. 4.1 - Exponential DecayAn amount A is initially 7. To...Ch. 4.1 - Prob. 6SBECh. 4.1 - Exponential ChangeAn amount A is initially 8. To...Ch. 4.1 - Exponential changes The initial amount is 4, To...Ch. 4.1 - Function Value from Initial Value and Growth...Ch. 4.1 - Function Value from Initial Value and Growth...Ch. 4.1 - Finding the Growth Factor Suppose that f is an...Ch. 4.1 - Exponential Decay Is the graph of exponential...Ch. 4.1 - Exponential Decay What is the concavity of a graph...Ch. 4.1 - Exponential Growth What is the concavity of a...Ch. 4.1 - Rate of Change What can be said about the rate of...Ch. 4.1 - Exponential Growth Is the graph of exponential...Ch. 4.1 - Changing Units A certain quantity has a yearly...Ch. 4.1 - Changing Units A certain quantity has a yearly...Ch. 4.1 - Prob. 19SBECh. 4.1 - Changing UnitsA certain quantity has a yearly...Ch. 4.1 - Prob. 21SBECh. 4.2 - TEST YOUR UNERSTANDING | FOR EXAMPLE 4.4 Suppose...Ch. 4.2 - TEST YOUR UNDERSTANDING | FOR EXAMPLE 4.5 There...Ch. 4.2 - TEST YOUR UNDERSTANDING | FOR EXAMPLE 4.6 You get...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Prob. 14ECh. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Prob. 17ECh. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Reminder Round all answers to two decimal places...Ch. 4.2 - Making ModelsIn Exercise S-1 through S-4, make an...Ch. 4.2 - Prob. 2SBECh. 4.2 - Making ModelsIn Exercise S-1 through S-4, make an...Ch. 4.2 - Prob. 4SBECh. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Prob. 12SBECh. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Prob. 18SBECh. 4.2 - Prob. 19SBECh. 4.2 - Prob. 20SBECh. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Prob. 22SBECh. 4.2 - Prob. 23SBECh. 4.2 - Prob. 24SBECh. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Prob. 26SBECh. 4.2 - Round each percentage increase or decrease that...Ch. 4.2 - Prob. 28SBECh. 4.2 - Round each percentage increase or decrease that...Ch. 4.3 - TEST YOUR UNDERSTANDING | FOR EXAMPLE 4.7 The...Ch. 4.3 - TEST YOUR UNDERSTANDING | FOR EXAMPLE 4.8 A snake...Ch. 4.3 - TEST YOUR UNDERSTANDING | FOR EXAMPLE 4.9 A...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Prob. 17ECh. 4.3 - Reminder Round all answers to two decimal places...Ch. 4.3 - Prob. 19ECh. 4.3 - Prob. 20ECh. 4.3 - Finding exponential formula In Exercise S-1 trough...Ch. 4.3 - Prob. 2SBECh. 4.3 - Finding an Exponential formula In Exercise S-1...Ch. 4.3 - Prob. 4SBECh. 4.3 - Finding an Exponential formula In Exercise S-1...Ch. 4.3 - Finding an Exponential formula In Exercise S-1...Ch. 4.3 - Prob. 7SBECh. 4.3 - Prob. 8SBECh. 4.3 - Prob. 9SBECh. 4.3 - Prob. 10SBECh. 4.3 - Testing Exponential DataIn Exercises S-8 through...Ch. 4.3 - Testing Exponential DataIn Exercises S-8 through...Ch. 4.3 - Prob. 13SBECh. 4.3 - Prob. 14SBECh. 4.3 - Prob. 15SBECh. 4.3 - Testing Exponential DataIn Exercises S-8 through...Ch. 4.3 - Prob. 17SBECh. 4.3 - Prob. 18SBECh. 4.3 - Prob. 19SBECh. 4.3 - Prob. 20SBECh. 4.3 - Prob. 21SBECh. 4.4 - TEST YOUR UNDERSTANDING | FOR EXAMPLE 4.10 The...Ch. 4.4 - TEST YOUR UNDERSTANDING | FOR EXAMPLE 4.11 A small...Ch. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Prob. 7ECh. 4.4 - Prob. 8ECh. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Prob. 12ECh. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Prob. 14ECh. 4.4 - Prob. 15ECh. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Prob. 17ECh. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Special Rounding Instructions. For this exercise...Ch. 4.4 - Special Rounding Instructions. For this exercise...Ch. 4.4 - Prob. 21ECh. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Prob. 23ECh. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Prob. 25ECh. 4.4 - Special Rounding Instructions For this exercise...Ch. 4.4 - Prob. 27ECh. 4.4 - Prob. 28ECh. 4.4 - Round all answers to two decimal places....Ch. 4.4 - Round all answers to two decimal places....Ch. 4.4 - Prob. 3SBECh. 4.4 - Prob. 4SBECh. 4.4 - Prob. 5SBECh. 4.4 - Prob. 6SBECh. 4.4 - Prob. 7SBECh. 4.4 - Prob. 8SBECh. 4.4 - Round all answers to two decimal places....Ch. 4.4 - Prob. 10SBECh. 4.4 - Prob. 11SBECh. 4.4 - Prob. 12SBECh. 4.4 - Prob. 13SBECh. 4.4 - Prob. 14SBECh. 4.4 - Prob. 15SBECh. 4.4 - Round all answers to two decimal places. Using...Ch. 4.4 - Prob. 17SBECh. 4.4 - Round all answers to two decimal places. Using...Ch. 4.4 - Round all answers to two decimal places. Using...Ch. 4.4 - Prob. 20SBECh. 4.4 - Prob. 21SBECh. 4.4 - Prob. 22SBECh. 4.4 - Prob. 23SBECh. 4.4 - Prob. 24SBECh. 4.4 - Prob. 25SBECh. 4.4 - Prob. 26SBECh. 4.4 - Prob. 27SBECh. 4.4 - Round all answers to two decimal places. Linear or...Ch. 4.5 - TEST YOUR UNDESTANDING | FOR EXAMPLE 4.12 On...Ch. 4.5 - TEST YOUR UNDERSTANDING | FOR EXAMPLE 4.13 The...Ch. 4.5 - TEST YOUR UNDERSTANDING | FOR EXAMPLE 4.14 If...Ch. 4.5 - Reminder Round all answers to two decimal places...Ch. 4.5 - Reminder Round all answers to two decimal places...Ch. 4.5 - Reminder Round all answers to two decimal places...Ch. 4.5 - Reminder Round all answers to two decimal places...Ch. 4.5 - Reminder Round all answers to two decimal places...Ch. 4.5 - Reminder Round all answers to two decimal places...Ch. 4.5 - Reminder Round all answers to two decimal places...Ch. 4.5 - Prob. 8ECh. 4.5 - Reminder Round all answers to two decimal places...Ch. 4.5 - Reminder Round all answers to two decimal places...Ch. 4.5 - Reminder Round all answers to two decimal places...Ch. 4.5 - Reminder Round all answers to two decimal places...Ch. 4.5 - Weight Gain Zoologists have studied the daily rate...Ch. 4.5 - Reaction Time For certain decisions, the time it...Ch. 4.5 - Age of Haddock The age T, in years, of a haddock...Ch. 4.5 - Reminder Round all answers to two decimal places...Ch. 4.5 - Reminder Round all answers to two decimal places...Ch. 4.5 - Prob. 18ECh. 4.5 - Prob. 19ECh. 4.5 - Prob. 20ECh. 4.5 - Prob. 21ECh. 4.5 - Prob. 22ECh. 4.5 - Prob. 23ECh. 4.5 - Prob. 24ECh. 4.5 - Prob. 25ECh. 4.5 - Richter Scale Exercise S-1 through S-6 use...Ch. 4.5 - Richter Scale Exercise S-1 through S-6 use...Ch. 4.5 - Richter Scale Exercise S-1 through S-6 use...Ch. 4.5 - Richter Scale Exercise S-1 through S-6 use...Ch. 4.5 - Richter Scale Exercise S-1 through S-6 use...Ch. 4.5 - Richter Scale Exercise S-1 through S-6 use...Ch. 4.5 - Prob. 7SBECh. 4.5 - The Decibel scale Exercise S-7 through S-10 refer...Ch. 4.5 - Prob. 9SBECh. 4.5 - Prob. 10SBECh. 4.5 - Calculating Common LogarithmsIn Exercises S-11...Ch. 4.5 - Prob. 12SBECh. 4.5 - Prob. 13SBECh. 4.5 - Prob. 14SBECh. 4.5 - Prob. 15SBECh. 4.5 - Prob. 16SBECh. 4.5 - Prob. 17SBECh. 4.5 - Prob. 18SBECh. 4.5 - Prob. 19SBECh. 4.5 - Prob. 20SBECh. 4.5 - Prob. 21SBECh. 4.5 - Prob. 22SBECh. 4.5 - Solving Logarithmic Equations In Exercises S-22...Ch. 4.5 - Prob. 24SBECh. 4.5 - Prob. 25SBECh. 4.5 - Prob. 26SBECh. 4.5 - Prob. 27SBECh. 4.5 - Prob. 28SBECh. 4.5 - How the Logarithm IncreasesIf logx=8.3 and...Ch. 4.5 - Prob. 30SBECh. 4.5 - Prob. 31SBECh. 4.5 - Prob. 32SBECh. 4.5 - Prob. 33SBECh. 4.5 - Logarithmic Regression Logarithmic regression...Ch. 4.5 - Prob. 35SBECh. 4.5 - Prob. 36SBECh. 4.5 - Prob. 37SBECh. 4.CR - Prob. 1CRCh. 4.CR - Prob. 2CRCh. 4.CR - Prob. 3CRCh. 4.CR - Prob. 4CRCh. 4.CR - Prob. 5CRCh. 4.CR - Prob. 6CRCh. 4.CR - Prob. 7CRCh. 4.CR - ReminderRound all answers to two decimal places...Ch. 4.CR - Prob. 9CRCh. 4.CR - Prob. 10CRCh. 4.CR - Prob. 11CRCh. 4.CR - Reminder Round all answers to two decimal places...Ch. 4.CR - Prob. 13CRCh. 4.CR - Prob. 14CRCh. 4.CR - Prob. 15CRCh. 4.CR - Prob. 16CRCh. 4.FR - Reminder Round all answers to two decimal places...Ch. 4.FR - Reminder Round all answers to two decimal places...Ch. 4.FR - Prob. 3ECh. 4.FR - Prob. 4ECh. 4.FR - Prob. 5ECh. 4.FR - Prob. 6ECh. 4.FR - Prob. 7ECh. 4.FR - Prob. 8ECh. 4.FR - Prob. 9ECh. 4.FR - Prob. 10ECh. 4.FR - Prob. 11ECh. 4.FR - Prob. 12ECh. 4.FR - Prob. 13ECh. 4.FR - Prob. 14ECh. 4.FR - Prob. 15ECh. 4.FR - Prob. 16ECh. 4.FR - Prob. 17ECh. 4.FR - Prob. 18ECh. 4.FR - Prob. 19ECh. 4.FR - Prob. 20ECh. 4.FR - Prob. 21ECh. 4.FR - Prob. 22ECh. 4.FR - Prob. 23ECh. 4.FR - Prob. 24ECh. 4.FR - Prob. 25ECh. 4.FR - Illustrative Applications Exercises 23 through 26...
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