Mathematical Applications for the Management, Life, and Social Sciences
11th Edition
ISBN: 9781305108042
Author: Ronald J. Harshbarger, James J. Reynolds
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Concept explainers
Textbook Question
Chapter 5.3, Problem 45E
Compound interest If $5000 is invested at 9% per year compounded monthly, the future value S at any time t (in months) is given by
(a) What is the amount after 1 year?
(b) How long before the investment doubles?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionChapter 5 Solutions
Mathematical Applications for the Management, Life, and Social Sciences
Ch. 5.1 - 1. Can any value of x give a negative value for y...Ch. 5.1 - 2. If , what asymptote does the graph of ...Ch. 5.1 - Prob. 3CPCh. 5.1 - Prob. 4CPCh. 5.1 - Prob. 5CPCh. 5.1 - Prob. 6CPCh. 5.1 - Prob. 1ECh. 5.1 - Prob. 2ECh. 5.1 - Prob. 3ECh. 5.1 - Prob. 4E
Ch. 5.1 - Prob. 5ECh. 5.1 - Prob. 6ECh. 5.1 - Prob. 7ECh. 5.1 - Prob. 8ECh. 5.1 - Prob. 9ECh. 5.1 - Prob. 10ECh. 5.1 - Prob. 11ECh. 5.1 - Prob. 12ECh. 5.1 - Prob. 13ECh. 5.1 - Prob. 14ECh. 5.1 - Prob. 15ECh. 5.1 - Prob. 16ECh. 5.1 - Prob. 17ECh. 5.1 - Prob. 18ECh. 5.1 - 23. (a) Graph .
(b) Graph .
(c) Algebraically show...Ch. 5.1 - Prob. 20ECh. 5.1 - 25. Given that , write an equivalent equation in...Ch. 5.1 - 26. Given that , write an equivalent equation in...Ch. 5.1 - Prob. 23ECh. 5.1 - Prob. 24ECh. 5.1 - Prob. 25ECh. 5.1 - Prob. 26ECh. 5.1 - Prob. 27ECh. 5.1 - Prob. 28ECh. 5.1 - 33. Compound interest If $1000 is invested for x...Ch. 5.1 - 35. Compound interest We will show in the next...Ch. 5.1 - 36. Compound interest If $1000 is invested for x...Ch. 5.1 - 37. Drug in the bloodstream The percent...Ch. 5.1 - Bacterial growth A single bacterium splits into...Ch. 5.1 - 39. Product reliability A statistical study shows...Ch. 5.1 - Prob. 35ECh. 5.1 - Prob. 36ECh. 5.1 - Prob. 38ECh. 5.1 - 46. Advertising and sales Suppose that sales are...Ch. 5.1 - 47. Modeling Carbon dioxide emissions The...Ch. 5.1 - 53. Modeling Alzheimer’s disease As the baby...Ch. 5.2 - 1. What asymptote does the graph of approach when...Ch. 5.2 - 2. For , does the equation represent the same...Ch. 5.2 - Prob. 3CPCh. 5.2 - Prob. 4CPCh. 5.2 - 5. Simplify:
(a) (b) (c) (d) log 1
Ch. 5.2 - Prob. 6CPCh. 5.2 - In Problems 1-4, use the definition of a...Ch. 5.2 - Prob. 2ECh. 5.2 - Prob. 3ECh. 5.2 - Prob. 4ECh. 5.2 - Prob. 5ECh. 5.2 - Prob. 6ECh. 5.2 - Prob. 7ECh. 5.2 - Prob. 8ECh. 5.2 - Prob. 9ECh. 5.2 - Prob. 10ECh. 5.2 - Prob. 11ECh. 5.2 - Prob. 12ECh. 5.2 - In Problems 5-14, solve for x by writing the...Ch. 5.2 - In Problems 5-14, solve for x by writing the...Ch. 5.2 - Prob. 15ECh. 5.2 - Prob. 16ECh. 5.2 - Prob. 17ECh. 5.2 - Prob. 18ECh. 5.2 - Prob. 19ECh. 5.2 - In Problems 19 and 20, write the equation in...Ch. 5.2 - Prob. 21ECh. 5.2 - Prob. 22ECh. 5.2 - Prob. 23ECh. 5.2 - Prob. 24ECh. 5.2 - Prob. 25ECh. 5.2 - Prob. 26ECh. 5.2 - Prob. 27ECh. 5.2 - Prob. 28ECh. 5.2 - Prob. 29ECh. 5.2 - Prob. 30ECh. 5.2 - Prob. 31ECh. 5.2 - In Problems 27 and 28, use properties of...Ch. 5.2 - Prob. 33ECh. 5.2 - Prob. 34ECh. 5.2 - In Problems 35 and 36, evaluate each logarithm...Ch. 5.2 - In Problems 35 and 36, evaluate each logarithm...Ch. 5.2 - Write each expression in Problems 37-40 as the sum...Ch. 5.2 - Prob. 38ECh. 5.2 - Prob. 39ECh. 5.2 - Write each expression in Problems 37-40 as the sum...Ch. 5.2 - Prob. 41ECh. 5.2 - Prob. 42ECh. 5.2 - Prob. 43ECh. 5.2 - Prob. 44ECh. 5.2 - Prob. 45ECh. 5.2 - Prob. 46ECh. 5.2 - Prob. 47ECh. 5.2 - In Problems 45-48, use a calculator to determine...Ch. 5.2 - Prob. 49ECh. 5.2 - Prob. 50ECh. 5.2 - Prob. 51ECh. 5.2 - Prob. 52ECh. 5.2 - Prob. 53ECh. 5.2 - Prob. 54ECh. 5.2 - Prob. 55ECh. 5.2 - Prob. 56ECh. 5.2 - Prob. 57ECh. 5.2 - Prob. 58ECh. 5.2 - Richter scale Use the formula in Problems 59-62....Ch. 5.2 - Richter scale Use the formula in Problems 59-62....Ch. 5.2 - Prob. 61ECh. 5.2 - Richter scale Use the formula in Problems 59-62....Ch. 5.2 - Prob. 63ECh. 5.2 - Prob. 65ECh. 5.2 - Prob. 66ECh. 5.2 - Prob. 67ECh. 5.2 - Prob. 68ECh. 5.2 - Prob. 69ECh. 5.2 - Prob. 70ECh. 5.2 - Doubling time In Problems 71 and 72, use the...Ch. 5.2 - Prob. 72ECh. 5.2 - 73. Women in the workforce For selected years from...Ch. 5.2 - 75. Modeling Diabetes As the following table...Ch. 5.2 - Prob. 76ECh. 5.2 - 78. Modeling Demographics The table below gives...Ch. 5.3 - 1. Suppose the sales of a product, in dollars, are...Ch. 5.3 - 2. Suppose the monthly demand for a product is...Ch. 5.3 - 3. Suppose the number of employees at a new...Ch. 5.3 - Prob. 1ECh. 5.3 - Prob. 2ECh. 5.3 - In Problems 1-22, solve each equation. Give...Ch. 5.3 - In Problems 1-22, solve each equation. Give...Ch. 5.3 - Prob. 5ECh. 5.3 - Prob. 6ECh. 5.3 - Prob. 7ECh. 5.3 - Prob. 8ECh. 5.3 - In Problems 1-22, solve each equation. Give...Ch. 5.3 - Prob. 10ECh. 5.3 - Prob. 11ECh. 5.3 - Prob. 12ECh. 5.3 - Prob. 13ECh. 5.3 - Prob. 14ECh. 5.3 - Prob. 15ECh. 5.3 - Prob. 16ECh. 5.3 - Prob. 17ECh. 5.3 - Prob. 18ECh. 5.3 - Prob. 19ECh. 5.3 - Prob. 20ECh. 5.3 - Prob. 21ECh. 5.3 - Prob. 22ECh. 5.3 - Prob. 23ECh. 5.3 - Prob. 24ECh. 5.3 - 25. Sales decay The sales decay for a product is...Ch. 5.3 - 26. Sales decay The sales of a product decline...Ch. 5.3 - 27. Inflation The purchasing power P (in dollars)...Ch. 5.3 - 28. Product reliability A statistical study shows...Ch. 5.3 - 29. Radioactive half-life An initial amount of 100...Ch. 5.3 - 30. Radioactive half-life A breeder reactor...Ch. 5.3 - 31. Population growth If the population of a...Ch. 5.3 - 32. Population growth The population of a certain...Ch. 5.3 - 35. Demand The demand function for a certain...Ch. 5.3 - 36. Demand The demand function for a product is...Ch. 5.3 - 37. Supply If the supply function for a product is...Ch. 5.3 - Prob. 38ECh. 5.3 - 39. Total cost The total cost function for x units...Ch. 5.3 - Prob. 40ECh. 5.3 - Prob. 41ECh. 5.3 - Prob. 42ECh. 5.3 - 43. Compound interest If $8500 is invested at...Ch. 5.3 - 44. Compound interest If $1000 is invested at 10%...Ch. 5.3 - 45. Compound interest If $5000 is invested at 9%...Ch. 5.3 - Prob. 46ECh. 5.3 - Profits An investment services company experienced...Ch. 5.3 - Profits An investment services company experienced...Ch. 5.3 - Prob. 49ECh. 5.3 - Prob. 50ECh. 5.3 - 51. Supply Suppose the supply of x units of a...Ch. 5.3 - 52. Demand Assume that the demand function for a...Ch. 5.3 - 53. Sales growth The president of a company...Ch. 5.3 - Prob. 54ECh. 5.3 - 55. Organizational growth Suppose that the...Ch. 5.3 - Prob. 56ECh. 5.3 - Prob. 57ECh. 5.3 - 58. Population growth Suppose that the number y of...Ch. 5.3 - 59. Spread of disease On a college campus of...Ch. 5.3 - 60. Spread of a rumor The number of people N(t) in...Ch. 5.3 - 61. Market share Suppose that the market share y...Ch. 5.3 - 62. Advertising An advertising agency has found...Ch. 5.3 - 63. Pollution Pollution levels in a lake have been...Ch. 5.3 - 64. Fish length Suppose that the length x (in...Ch. 5.3 - Prob. 65ECh. 5.3 - Prob. 66ECh. 5.3 - 67. Modeling Diabetes The following table gives...Ch. 5 - 1. Write each statement in logarithmic form.
Ch. 5 - Prob. 2RECh. 5 - Prob. 3RECh. 5 - Prob. 4RECh. 5 - Prob. 5RECh. 5 - Prob. 6RECh. 5 - Prob. 7RECh. 5 - Prob. 8RECh. 5 - Prob. 9RECh. 5 - Prob. 10RECh. 5 - Prob. 11RECh. 5 - Prob. 12RECh. 5 - In Problems 13-20, evaluate each logarithm without...Ch. 5 - Prob. 14RECh. 5 - Prob. 15RECh. 5 - In Problems 13-20, evaluate each logarithm without...Ch. 5 - In Problems 13-20, evaluate each logarithm without...Ch. 5 - Prob. 18RECh. 5 - Prob. 19RECh. 5 - Prob. 20RECh. 5 - Prob. 21RECh. 5 - Prob. 22RECh. 5 - In Problems 21-24, if , find each of the following...Ch. 5 - In Problems 21-24, if , find each of the following...Ch. 5 - Prob. 25RECh. 5 - Prob. 26RECh. 5 - 27. Is it true that ln for all positive values of...Ch. 5 - Prob. 28RECh. 5 - Prob. 29RECh. 5 - Prob. 30RECh. 5 - 31. If
Ch. 5 - Prob. 32RECh. 5 - Prob. 33RECh. 5 - Prob. 34RECh. 5 - Prob. 35RECh. 5 - Prob. 36RECh. 5 - In Problems 36-42, solve each equation.
37.
Ch. 5 - Prob. 38RECh. 5 - In Problems 36-42, solve each equation.
39.
Ch. 5 - In Problems 36-42, solve each equation.
40.
Ch. 5 - Prob. 41RECh. 5 - In Problems 36-42, solve each equation.
42.
Ch. 5 - Prob. 43RECh. 5 - Prob. 45RECh. 5 - Prob. 46RECh. 5 - Prob. 48RECh. 5 - Prob. 49RECh. 5 - 50. Sales decay The sales decay for a product is...Ch. 5 - Prob. 51RECh. 5 - 54. Compound interest If $1000 is invested at 12%,...Ch. 5 - 55. Compound interest If $5000 is invested at...Ch. 5 - Prob. 54RECh. 5 - Prob. 55RECh. 5 - Prob. 56RECh. 5 - Prob. 1TCh. 5 - Prob. 2TCh. 5 - Prob. 3TCh. 5 - Prob. 4TCh. 5 - Prob. 5TCh. 5 - Prob. 6TCh. 5 - Prob. 7TCh. 5 - Prob. 8TCh. 5 - Prob. 9TCh. 5 - Prob. 10TCh. 5 - Prob. 11TCh. 5 - Prob. 12TCh. 5 - Prob. 13TCh. 5 - Prob. 14TCh. 5 - Prob. 15TCh. 5 - Prob. 16TCh. 5 - Prob. 17TCh. 5 - Prob. 18TCh. 5 - Prob. 19TCh. 5 - Prob. 20TCh. 5 - Prob. 21TCh. 5 - Prob. 22TCh. 5 - Prob. 23TCh. 5 - Prob. 24TCh. 5 - Prob. 25TCh. 5 - Prob. 26TCh. 5 - 27. The total national health expenditures per...Ch. 5 - 28. A company plans to phase out one model of its...Ch. 5 - Prob. 30T
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000 Compare the values of the account after 9 yearswhen the interest is compounded annually, quarterly,monthly, and continuously.arrow_forwardSaving How much money should be invested every quarter at 10% per year, compounded quarterly, to have $5000 in 2 years?arrow_forwardAngela invested $15,000 in a savings account. If the interest rate is 4%, how much will be in the account in 10 years by each method of compounding? compound quarterly compound monthly compound continuouslyarrow_forward
- Investment problem If Landon invests 3000 in a 6-year certificate of deposit at the annual rate of 7.75, compounded daily, how much money will be in the account when it matures?arrow_forwardAllan invested $10,000 in a mutual fund. If the interest rate is 5%, how much will be in the account in 15 years by each method of compounding? compound quarterly compound monthly compound continuouslyarrow_forwardNew grandparents decide to invest 3200 per month in an annuity for their grandson, The account will pay interest per year which is compounded monthly. How much will be in the child's account at his twenty-first birthday?arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:CengageGlencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillCollege AlgebraAlgebraISBN:9781305115545Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning
- Algebra and Trigonometry (MindTap Course List)AlgebraISBN:9781305071742Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage LearningCollege Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:9781133382119
Author:Swokowski
Publisher:Cengage
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
College Algebra
Algebra
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:Cengage Learning
College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning
Use of ALGEBRA in REAL LIFE; Author: Fast and Easy Maths !;https://www.youtube.com/watch?v=9_PbWFpvkDc;License: Standard YouTube License, CC-BY
Compound Interest Formula Explained, Investment, Monthly & Continuously, Word Problems, Algebra; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=P182Abv3fOk;License: Standard YouTube License, CC-BY
Applications of Algebra (Digit, Age, Work, Clock, Mixture and Rate Problems); Author: EngineerProf PH;https://www.youtube.com/watch?v=Y8aJ_wYCS2g;License: Standard YouTube License, CC-BY