chapter Compound Interest: Future Value and Present Value LEARNING OBJECTIVES After completing this chapter‚ you will be able to: ● CHAPTER OUTLINE 8.1 8.2 8.3 8.4 8.5 * * Basic Concepts Future Value (or Maturity Value) Present Value Using Financial Calculators Other Applications of Compounding Equivalent Payment Streams Models of Financial Calculators Calculate maturity value‚ future value‚ and present value in compound interest applications‚ by both the algebraic method and the preprogrammed
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Math Review for the Quantitative Reasoning Measure of the GRE® revised General Test www.ets.org Overview This Math Review will familiarize you with the mathematical skills and concepts that are important to understand in order to solve problems and to reason quantitatively on the Quantitative Reasoning measure of the GRE revised General Test. The following material includes many definitions‚ properties‚ and examples‚ as well as a set of exercises (with answers) at the end of each
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Mathematical Database MATHEMATICAL INDUCTION 1. Introduction Mathematics distinguishes itself from the other sciences in that it is built upon a set of axioms and definitions‚ on which all subsequent theorems rely. All theorems can be derived‚ or proved‚ using the axioms and definitions‚ or using previously established theorems. By contrast‚ the theories in most other sciences‚ such as the Newtonian laws of motion in physics‚ are often built upon experimental evidence and can never be
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IA Task I Introduction and purpose of task: The purpose of this task is to investigate the positions of points in intersecting circles and to discover the various relationships between said circles. Circle C1 has center O and radius r. Circle C2 has center P and radius OP. Let A be one of the points of intersection of C1 and C2. Circle C3 has center A and radius r (therefore circles C1 and C3 are the same size). The point P’ (written P prime) is the intersection of C3 with OP. This is shown in
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EUROPEAN SCHOOL Mathematics Higher Level Portfolio Type 1 SHADOW FUNCTIONS Candidate Name: Emil Abrahamyan Candidate Number: 006343-021 Supervisor: Avtandil Gagnidze Session Year: 2013 May Candidate Name: Emil Abrahamyan Candidate Number: 006343-021 Mathematics Higher Level Type 1: Shadow Functions SHADOW FUNCTIONS The Aim of the Investigation: The overall aim of this investigation is to investigate different polynomials with different powers and create shadow function
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Sullivan’s Handbags marks up their bags at 45% of the selling price. Pat Sullivan saw a bag at a trade show that she would sell to her customers for $85. What is the most she could pay for the bag and still retain the 45% markup of the selling price? 6. Jeff Jones earns $1‚200 per week. He is married and claims four withholding allowances. The FICA rate is as follows: Social Security rate is 6.2% on $97‚500; Medicare rate is 1.45%. To date his cumulative wages are $6‚000. Each paycheck‚
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1. Solve a. e^.05t = 1600 0.05t = ln(1600) 0.05t = 7.378 t = 7.378/.05 t = 147.56 b. ln(4x)=3 4x = e^3 x = e^3/4 x = 5.02 c. log2(8 – 6x) = 5 8-6x = 2^5 8-6x = 32 6x = 8-32 x = -24/6 x = -4 d. 4 + 5e-x = 0 5e^(-x) = -4 e^(-x) = -4/5 no solution‚ e cannot have a negative answer 2. Describe the transformations on the following graph of f (x) log( x) . State the placement of the vertical asymptote and x-intercept after the transformation. For example‚ vertical shift
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Treasure Hunt: Finding the Values of Right Angle Triangles This final weeks course asks us to find a treasure with two pieces of a map. Now this may not be a common use of the Pythagorean Theorem to solve the distances for a right angled triangle but it is a fun exercise to find the values of the right angle triangle. Buried treasure: Ahmed has half of a treasure map‚which indicates that the treasure is buried in the desert 2x + 6 paces from Castle Rock. Vanessa has the other half of the map
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Understanding What You Read – Week 3 Week 3- Chapter 5- Understanding Your Customer 1. Identify demographic trends that are occurring in the United States‚ related to (a) number of single-person households‚ (b) median age for marriage‚ (c) birthrate‚ (d) U.S. population growth‚ and (e) number of male homemakers. Single person households are showing the greatest increase in numbers and that trend is projected to continue. Birthrate has remained relatively stable in the United States since
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1998 9 14 1. 1.1 Markov Property 1.2 Wiener Process 1.3 2. 2.1 2.2 2.3 2.4 2.5 2.6 Taylor Expansion 2.7 3. Stochastic 3.1 3.2 SDE(Stochastic Differential Equation) 4. Stochastic 4.1 Stochastic integration 4.2 Ito Integral 4.3 Ito Integral 4.4 5. Ito’s Lemma 5.1 Stochastic 5.1.1 5.1.2 5.1.3 First Order Term Second Order Term Cross Product Terms “ ” – Ito Integral Riemann (Ordinary Differential Equation) (Chain rule) 5.2 Ito’s Lemma 6. 6.1 6.1.1 6.1.2 Closed-Form Solution Numerical Solution
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