Finite Mathematics and Calculus with Applications
1st Edition
ISBN: 9781323188361
Author: Margaret Lial
Publisher: Pearson Education
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Chapter 9.3, Problem 15E
To determine
To find: The z-score if 5% of the total area is to the left of z.
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Can you answer this question and give step by step and why and how to get it. Can you write it (numerical method)
Can you answer this question and give step by step and why and how to get it. Can you write it (numerical method)
There are three options for investing $1150. The first earns 10% compounded annually, the second earns 10% compounded quarterly, and the third earns 10% compounded continuously. Find equations that model each investment growth and
use a graphing utility to graph each model in the same viewing window over a 20-year period. Use the graph to determine which investment yields the highest return after 20 years. What are the differences in earnings among the three
investment?
STEP 1: The formula for compound interest is
A =
nt
= P(1 + − − ) n²,
where n is the number of compoundings per year, t is the number of years, r is the interest rate, P is the principal, and A is the amount (balance) after t years. For continuous compounding, the formula reduces to
A = Pert
Find r and n for each model, and use these values to write A in terms of t for each case.
Annual Model
r=0.10
A = Y(t) = 1150 (1.10)*
n = 1
Quarterly Model
r = 0.10
n = 4
A = Q(t) = 1150(1.025) 4t
Continuous Model
r=0.10
A = C(t) =…
Chapter 9 Solutions
Finite Mathematics and Calculus with Applications
Ch. 9.1 - Find the mean of the following data: 12, 17, 21,...Ch. 9.1 - Prob. 2YTCh. 9.1 - Prob. 3YTCh. 9.1 - Prob. 1ECh. 9.1 - Prob. 2ECh. 9.1 - Prob. 3ECh. 9.1 - Prob. 4ECh. 9.1 - Prob. 5ECh. 9.1 - Prob. 6ECh. 9.1 - Prob. 7E
Ch. 9.1 - Prob. 8ECh. 9.1 - Find the mean for each list of numbers. 9. 30,200;...Ch. 9.1 - Prob. 10ECh. 9.1 - Find the mean for each list of numbers. 11. 9.4,...Ch. 9.1 - Prob. 12ECh. 9.1 - Prob. 13ECh. 9.1 - Prob. 14ECh. 9.1 - Find the mean for the data in Exercise 1 from the...Ch. 9.1 - Prob. 16ECh. 9.1 - Prob. 17ECh. 9.1 - Prob. 18ECh. 9.1 - Prob. 19ECh. 9.1 - Prob. 20ECh. 9.1 - Prob. 21ECh. 9.1 - Prob. 22ECh. 9.1 - Prob. 23ECh. 9.1 - Prob. 24ECh. 9.1 - Prob. 25ECh. 9.1 - Prob. 26ECh. 9.1 - Prob. 27ECh. 9.1 - Prob. 28ECh. 9.1 - Prob. 29ECh. 9.1 - Prob. 30ECh. 9.1 - Prob. 31ECh. 9.1 - Prob. 32ECh. 9.1 - For grouped data, the modal class is the interval...Ch. 9.1 - Prob. 34ECh. 9.1 - Prob. 36ECh. 9.1 - Prob. 37ECh. 9.1 - Prob. 38ECh. 9.1 - Prob. 39ECh. 9.1 - Prob. 40ECh. 9.1 - Prob. 41ECh. 9.1 - Prob. 42ECh. 9.1 - New Housing Sales The number (in thousands) of new...Ch. 9.1 - Prob. 44ECh. 9.1 - Prob. 45ECh. 9.1 - Temperature The following table gives the number...Ch. 9.1 - Prob. 47ECh. 9.1 - Olympics The number of nations participating in...Ch. 9.1 - Prob. 49ECh. 9.1 - Prob. 50ECh. 9.1 - Prob. 51ECh. 9.1 - SAT I: Reasoning Test Given the following sequence...Ch. 9.2 - Prob. 1YTCh. 9.2 - Prob. 2YTCh. 9.2 - Prob. 1WECh. 9.2 - Prob. 2WECh. 9.2 - Prob. 1ECh. 9.2 - Prob. 2ECh. 9.2 - Find the range and standard deviation for each set...Ch. 9.2 - Find the range and standard deviation for each set...Ch. 9.2 - Find the range and standard deviation for each set...Ch. 9.2 - Find the range and standard deviation for each set...Ch. 9.2 - Find the range and standard deviation for each set...Ch. 9.2 - Find the range and standard deviation for each set...Ch. 9.2 - Prob. 9ECh. 9.2 - Prob. 10ECh. 9.2 - Prob. 11ECh. 9.2 - Prob. 12ECh. 9.2 - Chebyshevs theorem states that for any set of...Ch. 9.2 - Prob. 14ECh. 9.2 - Prob. 15ECh. 9.2 - Chebyshevs theorem states that for any set of...Ch. 9.2 - Prob. 17ECh. 9.2 - Prob. 18ECh. 9.2 - Prob. 19ECh. 9.2 - Prob. 20ECh. 9.2 - Prob. 21ECh. 9.2 - Prob. 22ECh. 9.2 - Prob. 23ECh. 9.2 - Prob. 24ECh. 9.2 - Prob. 25ECh. 9.2 - Prob. 26ECh. 9.2 - Prob. 27ECh. 9.2 - Prob. 28ECh. 9.2 - Prob. 29ECh. 9.2 - Prob. 30ECh. 9.2 - Prob. 31ECh. 9.2 - Prob. 32ECh. 9.2 - Prob. 33ECh. 9.2 - Prob. 34ECh. 9.2 - Prob. 35ECh. 9.2 - Prob. 36ECh. 9.2 - Prob. 37ECh. 9.2 - Prob. 38ECh. 9.2 - Prob. 39ECh. 9.2 - Box Office ReceiptsThe table below lists the 20...Ch. 9.2 - CookiesMarie Revak and Jihan Williams performed an...Ch. 9.3 - Find the following areas under the standard normal...Ch. 9.3 - Prob. 2YTCh. 9.3 - Prob. 3YTCh. 9.3 - Prob. 4YTCh. 9.3 - The peak in a normal curve occurs directly above...Ch. 9.3 - The total area under a normal curve (above the...Ch. 9.3 - Prob. 3ECh. 9.3 - Prob. 4ECh. 9.3 - Prob. 5ECh. 9.3 - Prob. 6ECh. 9.3 - Prob. 7ECh. 9.3 - Prob. 8ECh. 9.3 - Prob. 9ECh. 9.3 - Prob. 10ECh. 9.3 - Prob. 11ECh. 9.3 - Prob. 12ECh. 9.3 - Find the percent of the total area under the...Ch. 9.3 - Prob. 14ECh. 9.3 - Prob. 15ECh. 9.3 - Prob. 16ECh. 9.3 - Find a z-score satisfying the following...Ch. 9.3 - Prob. 18ECh. 9.3 - Prob. 19ECh. 9.3 - Prob. 20ECh. 9.3 - Prob. 21ECh. 9.3 - Prob. 22ECh. 9.3 - Prob. 23ECh. 9.3 - Prob. 24ECh. 9.3 - Prob. 25ECh. 9.3 - Prob. 26ECh. 9.3 - Prob. 27ECh. 9.3 - Prob. 28ECh. 9.3 - Quality ControlA box of oatmeal must contain 16...Ch. 9.3 - Quality ControlA box of oatmeal must contain 16...Ch. 9.3 - Prob. 31ECh. 9.3 - Prob. 32ECh. 9.3 - Prob. 33ECh. 9.3 - Prob. 34ECh. 9.3 - Quality ControlThe chickens at Colonel Thompsons...Ch. 9.3 - Prob. 36ECh. 9.3 - Prob. 37ECh. 9.3 - Prob. 38ECh. 9.3 - Annual BonusesSalespeople of a large corporation...Ch. 9.3 - Prob. 40ECh. 9.3 - Prob. 41ECh. 9.3 - Prob. 42ECh. 9.3 - Prob. 43ECh. 9.3 - Prob. 44ECh. 9.3 - Life SpansAccording to actuarial tables, life...Ch. 9.3 - Prob. 46ECh. 9.3 - Prob. 47ECh. 9.3 - Prob. 48ECh. 9.3 - EducationThe grading system known as grading on...Ch. 9.3 - Prob. 50ECh. 9.3 - Prob. 51ECh. 9.3 - Prob. 53ECh. 9.3 - Prob. 54ECh. 9.3 - Prob. 55ECh. 9.3 - Prob. 56ECh. 9.3 - Prob. 57ECh. 9.3 - Prob. 58ECh. 9.3 - Prob. 59ECh. 9.3 - Prob. 60ECh. 9.3 - Prob. 61ECh. 9.3 - KenThe same researchers from Exercise 61 wondered...Ch. 9.4 - Suppose a die is rolled 12 times. Find the mean...Ch. 9.4 - Prob. 2YTCh. 9.4 - Prob. 3YTCh. 9.4 - Prob. 1WECh. 9.4 - Prob. 2WECh. 9.4 - Prob. 3WECh. 9.4 - Prob. 1ECh. 9.4 - Prob. 2ECh. 9.4 - Prob. 3ECh. 9.4 - Prob. 4ECh. 9.4 - Prob. 5ECh. 9.4 - Prob. 6ECh. 9.4 - Prob. 7ECh. 9.4 - For the remaining exercises in this section, use...Ch. 9.4 - Prob. 9ECh. 9.4 - Prob. 10ECh. 9.4 - Prob. 11ECh. 9.4 - Prob. 12ECh. 9.4 - Prob. 13ECh. 9.4 - Prob. 14ECh. 9.4 - Prob. 15ECh. 9.4 - (a) Try to use both the binomial probability...Ch. 9.4 - Prob. 17ECh. 9.4 - Prob. 18ECh. 9.4 - Prob. 19ECh. 9.4 - Prob. 20ECh. 9.4 - Prob. 21ECh. 9.4 - Prob. 22ECh. 9.4 - Prob. 23ECh. 9.4 - Prob. 24ECh. 9.4 - Prob. 25ECh. 9.4 - Prob. 26ECh. 9.4 - Prob. 27ECh. 9.4 - Straw VotesIn one state, 55% of the voters expect...Ch. 9.4 - Prob. 29ECh. 9.4 - Prob. 30ECh. 9.4 - Prob. 31ECh. 9.4 - Prob. 32ECh. 9.4 - Prob. 33ECh. 9.4 - Prob. 34ECh. 9 - Determine whether each of the following statements...Ch. 9 - Prob. 2RECh. 9 - Prob. 3RECh. 9 - Prob. 4RECh. 9 - Determine whether each of the following statements...Ch. 9 - Prob. 6RECh. 9 - Prob. 7RECh. 9 - Prob. 9RECh. 9 - Prob. 10RECh. 9 - Prob. 11RECh. 9 - Prob. 12RECh. 9 - Prob. 13RECh. 9 - Prob. 14RECh. 9 - Prob. 15RECh. 9 - Prob. 16RECh. 9 - Prob. 17RECh. 9 - Find the mean for the following. 18. 105, 108,...Ch. 9 - Prob. 19RECh. 9 - Prob. 20RECh. 9 - Prob. 21RECh. 9 - Prob. 22RECh. 9 - Prob. 23RECh. 9 - Prob. 24RECh. 9 - Prob. 25RECh. 9 - Prob. 26RECh. 9 - Prob. 27RECh. 9 - Prob. 28RECh. 9 - Find the range and standard deviation for each...Ch. 9 - Prob. 30RECh. 9 - Prob. 31RECh. 9 - Describe the characteristics of a normal...Ch. 9 - Prob. 33RECh. 9 - Find the following areas under the standard normal...Ch. 9 - Prob. 35RECh. 9 - Find the following areas under the standard normal...Ch. 9 - Find the following areas under the standard normal...Ch. 9 - Prob. 38RECh. 9 - Prob. 39RECh. 9 - Prob. 40RECh. 9 - Prob. 41RECh. 9 - Prob. 42RECh. 9 - Prob. 43RECh. 9 - Prob. 44RECh. 9 - Prob. 45RECh. 9 - Prob. 46RECh. 9 - Prob. 47RECh. 9 - Prob. 48RECh. 9 - Prob. 49RECh. 9 - Prob. 50RECh. 9 - Prob. 51RECh. 9 - Prob. 52RECh. 9 - Prob. 53RECh. 9 - Prob. 54RECh. 9 - Prob. 55RECh. 9 - Prob. 56RECh. 9 - Prob. 57RECh. 9 - Prob. 58RECh. 9 - Prob. 59RE
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