Question: 1. A retirement account is opened with an initial deposit of $8,500 and earns 8.12% interest compounded monthly. What will the account be worth in
1. A retirement account is opened with an initial deposit of $8,500 and earns 8.12% interest compounded monthly.
What will the account be worth in 20 years?
What if the deposit were compounded monthly with simple interest? Could you see the situation in a graph?
From what point one is better than the other?
2.Graph the functionf(x) = 5(0.5)-xand its reflection about the line y = x on the same axis, and give the x-intercept of the reflection. Prove that ax= exlna. [type y = 5(0.5-x){- 7 < x < 2}{0 < y < 7} in desmos, and then type its inverse function.]
3.How long will it take before twenty percent of our 1,000-gram sample of uranium -235 has decayed?
The decay equation isA(t) = Ao eKt, where t is the time for the decay, andKis the characteristic of the material. SupposeTis the time it takes for half of the unstable material in a sample of a radioactive substance to decay, called its half-life. Prove thatK = (ln0.5)/T. What isTfor the uranium -235? Show the steps of your reasoning.
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