Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Can someone help me out by answering these questions? Exploration 9 Local businesses are looking for holiday workers. They offer you a $1000 signing bonus!
Can someone help me out by answering these questions?
Exploration 9 Local businesses are looking for holiday workers. They offer you a $1000 signing bonus! A. Would you rather receive all the money at the end of the year or half the money now and half the money later? Why? B. Consider a magical bank that offers you 100% interest at the end of the year. If you put $1000 into this account, how much would you have after one year? C. Instead of being paid the 100% interest in one lump sum, let's consider what happens when we get interest paid out multiple times in the year in smaller increments. We'll explore interest that is eamed quarterly. Fill in the table to see how the money in the account is changing. Show your work. Amount % interest Amount in Amount in Amount in Amount in Invested earned each account after account after account after account after quarter 1st quarter 2nd quarter 3rd quarter 4th quarter $1000 D. How does the amount in the account after 1 year compare to your answer in part 2? Why do you think this happens? 14E. IS It ver questions about data or a contextual scenario. er to earn interest monthly? weekly? daily? Fill out the table to explore these options Amount invested A = Pert Interest is earned Number of % interest pay-outs per Amount in account at the end of earned with year year each pay $1000 period 100 0 e = $2, 718.22 Monthly 12 8.33% $ 2612. 07 10 0 0 ( ( to . 0 8 3 3 1 12 $1000 Weekly 1000 ( 1+ 10923)52 52 192%% $ 2692. 59 (0 0 0 19 2 ) $1000 Daily 1000 ( 1+ 0 0 0273) 367 365 207 0%. 1000 ( 20718) $2718.28 F. What is the most money you could have in your accounts after one year with the initial investment of $1000 and a 100% interest rate? Exploration 10 Dextromethorphan has a half-life of 3 hours. This means that every 3 hours, your body will eliminate half of the current amount: In a 30 mL dosage of liquid DayQuil TM, there are 20 milligrams of Dextromethorphan, so after 3 hours, 10 mg would still be in your system. A. How many mg of the drug will be in your system after 6 hours? 9 hours? B. How many mg of the drug will be in your system after 10 hours? C. Write a formula to model D(t), which gives the amount of Dextromethorphan in your system after t hours . D. What percent of the drug remains in your body after 1 hour? What percent is eliminated? E. Write an alternative formula for D(t) in the form D(t) = ab . What do a and b represent in this cont COStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started