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: 83% (12 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.
-
Stocks are valued based on several factors which are a mix of past performance and future belief. In April, Tesla's market capitalization exceeded that of GM even though Tesla is still very much a...
-
Compare horizontal and vertical software system developments. Which one makes use of components?
-
On December 31, 20, the following selected accounts and amounts appeared on the balance sheet for Duncan Company. Determine the amount of the working capital and the current ratio. (Round to two...
-
9. By finding the x and y intercepts, graph each of the following. II) 5. y = x + 2 7. 8x-4y = 16 III) 3x+y=2 x intercept = y intercept = x intercept = y intercept = 6. 4x+5y=20 8. y-4x=8 Write in...
-
Suzie Pickering has experience in the clothing and retail industry, which is why she was assigned to the Cloud 9 audit. Suzie is mentoring Ian Harper, a first-year staff on the audit team, and they...
-
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...
-
Ms. Barstow purchased a limited interest in Quinnel Partnership in 2017. Her share of the partnership's 2017 business loss was $5,000. Unfortunately, Ms. Barstow couldn't deduct this loss because she...
-
Troy Engines, Limited, manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors. An...
-
Mayco Inc would like to set up a new plant. Currently, Mayco has an option to buy an existing building at a cost of $ 24,000.Necessary equipment for the plant will cost $ 16,000, including...
-
b) [10 marks] Consider two stocks, A and B, with expected returns and volatilities given by E[r]=10%, A=20%, E[B]=15%, B=30%. The riskless rate is 4%. The correlation of stock returns is 0.3....
-
Imagine that you are purchasing a house for $150,000. You have saved some money and would like to obtain an 80% loan to value mortgage loan so that you can have the lowest interest rate on your...
-
The multiplier for a futures contract on the stock-market index is $50. The maturity of the contract is one year, the current level of the index is 2,000, and the risk-free interest rate is 0.5% per...
-
Solve the problem using the passer rating formula above. Refer to the passer rating formula and determine the highest rating possible (considered a perfect passer rating). )- (125 ) . (1230-) + (...
-
Write out the formula for the total costs of carrying and ordering inventory, and then use the formula to derive the EOQ model. Andria Mullins, financial manager of Webster Electronics, has been...
-
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...
-
1). The Electronic Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain amount of wiring and...
-
After reviewing oceanview marine company's case materials, and reviewing the unaudited account balances, what is your preliminary view on the client's ability to continue as a going concern? What is...
-
For each chemical reaction listed in the table below, decide whether the highlighted atom is being oxidized or reduced. reaction highlighted atom is being... neither oxidized reduced oxidized nor...
Study smarter with the SolutionInn App