'Annual interest rate r' diaporamas de présentation

Exponential Growth

Exponential Growth. Exponential Growth. Discrete Compounding Suppose that you were going to invest $5000 in an IRA earning interest at an annual rate of 5.5%. How much interest would you earn during the 1st year? How much is in the account after 1 year?. Exponential Growth.

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Process Design (Specification)

Process Design (Specification) . Recall the Four Steps of Problem Solving *. Orient Plan Execute Test These apply to any kind of problem, not just spreadsheet development, programming, or process design, but we will focus on those kinds of problems in this class

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Compound Interest

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Mathematics of Finance

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5.2 exponential functions

5.2 exponential functions. Quiz. Fill in the blanks below: 2 x+y = __ * __. Exponential function. Standard form: f(x) = a x , where a>0, a ? 1. Example: f(x) = 2 x , f(x) = (1/3) x Compare g(x) = x 2 and f(x) = 2 x. properties. Graph f(x) = 2 x and g(x) = (1/2) x.

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Exponential Functions

Exponential Functions. The exponential function f with base b is defined by f (x) = b x or y = b x Where b is a positive constant other than and x is any real number. /. Base is 2. Base is 10. Base is 3. Definition of the Exponential Function.

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Simple Interest

Simple Interest. Section 5.1. Introduction. When you deposit money into a savings at a bank you expect the bank to pay you for the privilege of saving your money with them. This is extra money is called interest.

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Applications of Exponential & Log Functions

Applications of Exponential & Log Functions. Review of Formulas for Compound Interest: After t years, the balance A in an account with principal P and annual interest rate r (in decimal form) is given by the formulas: For n compoundings per year:

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