Question
1. A Math 110 student decides to makeannualpayments of $1,500into a retirement account paying5% interest per year compounded continuously. If the student continues to make
1. A Math 110 student decides to makeannualpayments of $1,500into a retirement account paying5% interest per year compounded continuously. If the student continues to make these payments for30years, compute each of the following values. Account balance after30years (exact value) = _____ dollars
Account balance after30years (rounded to the nearest cent) =_______ dollars Total of all deposits (exact value) = ________dollars Total of all interest payments (rounded to the nearest cent) = _______dollars
2. Determine the area of the region bounded by y = 2/x and y= x/2 on the interval [1,10]
(Those are fractions the 2/x and x/2)
Area =
3.
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