For Exercises 61-70, use the model A = P e r t or A = P ( 1 + r n ) r t , where A is the future value of P dollars invested at interest rate r compounded continuously or n times per year for t years. (See Example 11) If $4000 is put aside in a money market account with interest compounded continuously at 2.2%, find the time required for the account to earn $1000. Round to the nearest month.
For Exercises 61-70, use the model A = P e r t or A = P ( 1 + r n ) r t , where A is the future value of P dollars invested at interest rate r compounded continuously or n times per year for t years. (See Example 11) If $4000 is put aside in a money market account with interest compounded continuously at 2.2%, find the time required for the account to earn $1000. Round to the nearest month.
Solution Summary: The author calculates the time required for an account to earn 1000 in a money market account with interest compounded continuously.
For Exercises 61-70, use the model
A
=
P
e
r
t
or
A
=
P
(
1
+
r
n
)
r
t
, where A is the future value of P dollars invested at interest rate r compounded continuously or n times per year for t years. (See Example 11)
If $4000 is put aside in a money market account with interest compounded continuously at 2.2%, find the time required for the account to earn $1000. Round to the nearest month.
5) For each function represented by an equation, make a table and plot the corresponding
points to sketch the graph of the function.
(a) y = 75 ()*
220
X
y
200-
-2
180
160
-1
140
0
120
100
1
60
80
2
3
4
x
(b) y = 20 ()*
1
60
40
20
20
0
2
3
65-
-1
X
y
60
-2
55-
50
45
44
40
0
35-
30
1
25
2
20
20
15
3
10
5
LO
4
3-2
T
-1
0
5-
4-
-3-
2-
A system of inequalities is shown.
y
5
3
2
1
X
-5
-4
-3
-2
-1
0
1
2
3
4
5
-1-
Which system is represented in the graph?
Oy>-x²-x+1
y 2x²+3
-2
-3
т
Which set of systems of equations represents the solution to the graph?
-5
-4
-3
-2
Of(x) = x² + 2x + 1
g(x) = x²+1
f(x) = x²+2x+1
g(x) = x²-1
f(x) = −x² + 2x + 1
g(x) = x²+1
f(x) = x² + 2x + 1
g(x) = x²-1
-1
5 y
4
3
2
1
0
-1-
-2
-3-
-4.
-5
1
2
3
4
5
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.
How to determine the difference between an algebraic and transcendental expression; Author: Study Force;https://www.youtube.com/watch?v=xRht10w7ZOE;License: Standard YouTube License, CC-BY