We will show in the next chapter that if $P is invested for n years at 10%
Question:
S = Pe0.1n
Use P = 1000 and graph this function for 0 ≤ n ≤ 20.
Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (14 reviews)
10000 6...View the full answer
Answered By
Atuga Nichasius
I am a Highly skilled Online Tutor has a Bachelor’s Degree in Engineering as well as seven years of experience tutoring students in high school, bachelors and post graduate levels. I have a solid understanding of all learning styles as well as using asynchronous online platforms for tutoring needs. I individualise tutoring for students according to content tutoring needs assessments.
My strengths include good understanding of all teaching methods and learning styles and I am able to convey material to students in an easy to understand manner. I can also assists students with homework questions and test preparation strategies and I am able to help students in math, gre, business , and statistics
I consider myself to have excellent interpersonal and assessment skills with strong teaching presentation verbal and written communication
I love tutoring. I love doing it. I find it intrinsically satisfying to see the light come on in a student's eyes.
My first math lesson that I taught was when I was 5. My neighbor, still in diapers, kept skipping 4 when counting from 1 to 10. I worked with him until he could get all 10 numbers in a row, and match them up with his fingers.
My students drastically improve under my tutelage, generally seeing a two grade level improvement (F to C, C to A, for example), and all of them get a much clearer understanding!
I am committed to helping my students get the top grades no matter the cost. I will take extra hours with you, repeat myself a thousand times if I have to and guide you to the best of my ability until you understand the concept that I'm teaching you.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
Students also viewed these Calculus questions
-
If $1000 is invested for n years at 12% compounded continuously, the future value of the investment is given by S = 1000e0.12n (a) Find the function that gives the rate of change of this investment....
-
Look at the columns Y (actual Y) and Y (estimated Y) values. Plot the two in a scatter gram. What does the scatter gram reveal? If you believe that the fitted model [Eq. (2.20)] is a "good" model,...
-
If $P is invested for n years at rate I (as a decimal), compounded annually, the future value that accrues is given by S = P(1 + i)n, and the interest earned is I = S - P. Find S and I for the given...
-
In Exercises, find the limit. lim (4x- x 16x - x
-
A ladder, leaning against a wall, makes a 60o angle with the ground. When is it more likely to slip; when a person stands on the ladder near the top or near the bottom? Explain.
-
The long-term liabilities section of the balance sheet of Trend Electronics appeared as follows: 1. Assuming interest is paid annually, what is the annual interest payment? 2. Will the interest...
-
Find the probability of randomly selecting a school with between 300 and 999 students, inclusive. In Exercises 3740, use the Pareto chart, which shows the results of a survey in which 874 adults were...
-
Approximately 150SCFM (standard cubic feet per minute) of nitrogen is required by a process facility. As shown in the diagram below, plans call for supplying the facility from a tank of liquid...
-
Esc D F1 Z Which of the following is not in the Code of Ethics? Avoid or disclose and manage conflicts of interest O Integrity. O Competence O Frugality Question 8 Which of the following is NOT an...
-
Dennis McCutcheon supervises the employees who work in the building supplies department of a large discount hardware store. One of his employees, Kelly Sims, has been late to work every Tuesday and...
-
For Problems 1 and 2, let f (x) = c(1 + e-ax) with a > 0. Use a graphing utility to graph the functions. 1. (a) Fix a = 1 and graph y = f(x) = c(1 + e-x) for c = 10, 50, and 100. (b) What effect does...
-
The percent concentration y of a certain drug in the bloodstream at any time t in minutes is given by the equation y = 100(1 - e-0.462t) Graph this equation for 0 t 10. Write a sentence that...
-
World merchandise exports are valued at how many times the value of worldwide service exports?
-
Gulf Shore Lawn and Garden Maintenance provides two general outdoor services: lawn maintenance and garden maintenance. The company charges customers $18.0 per hour for each type of service, but lawn...
-
Two level sections of an east highway (G=0) are to be connected. Currently, the two sections of highway are seperated by a 4000-ft (horizontal distance), 2% grade. The westernmost section of highway...
-
A solution contains 2 x 10-3 moles Ca2+/L and 3 x 10-4 moles Mg2+/L. Given the formation constants for CaEDTA2- and MgEDTA2- of 1010.6 and 108.7, respecively, calculate: 1) Concentration of MgEDTA2-...
-
The direct material (DM) price variance is $2,650 favorable and the DM usage variance is $3,000 unfavorable. The budgeted amount of DM for each unit of product is 2 lbs. to be purchased at the...
-
On January 1, 2023, AMI Corporation purchased the non-cash net assets of Oriole Ltd. for $8,399,900. Following is the statement of financial position of Oriole Ltd. from the company's year- end the...
-
The graph shows a sketch of part of the curve C with equation y = (x 4)(2x + 3). The curve C crosses the x-axis at the points A and B. a. Write down the x-coordinates of A and B. The finite region...
-
What are technical skills At what level are they most important and why?
-
A tree is a perfect cylinder with radius 0.5 m no matter what the height (the volume of a cylinder with height h and radius r is hr2). Find the volumes of the above two cartoon trees (drawing a...
-
A tree is a perfect cylinder with radius equal to 0.1 times the height. Find the volumes of the above two cartoon trees (drawing a sketch can help) assuming that the height of the first is 23.1 m and...
-
A tree looks like the tree in Exercise 27, but with half the height in the cylindrical trunk and the other half in a spherical blob on top. Find the volumes of the above two cartoon trees (drawing a...
-
Ted and his partners have contracted to purchase the franchise nights worth 561 000 to open and operate a specialty pizza restaurant called Popper with a renewable agrement, the partners have agreed...
-
Your answer is partially correct. Martin Company's chief financial officer feels that it is important to have data for the entire quarter especially since their financial forecasts indicate some...
-
Kellog Corporation is considering a capital budgeting project that would have a useful life of 4 years and would love testing 5156.000 in equipment that would have zeto salvage value at the end of...
Study smarter with the SolutionInn App