College Algebra, 2013a

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482 Exponential and Logarithmic Functions 6.5.3 Exercises For each of the scenarios given in Exercises 1 - 6, ˆ Find the amount A in the account as a function of the term of the investment t in years. ˆ Determine how much is in the account after 5 years, 10 years, 30 years and 35 years. Round your answers to the nearest cent. ˆ Determine how long will it take for the initial investment to double. Round your answer to the nearest year. ˆ Find and interpret the average rate of change of the amount in the account from the end of thefourthyeartotheendofthefifthyear,andfromtheendofthethirty-fourthyeartothe end of the thirty-fifth year. Round your answer to two decimal places. 1. $500 is invested in an account which offers 0.75%, compounded monthly. 2. $500 is invested in an account which offers 0.75%, compounded continuously. 3. $1000 is invested in an account which offers 1.25%, compounded monthly. 4. $1000 is invested in an account which offers 1.25%, compounded continuously. 5. $5000 is invested in an account which offers 2.125%, compounded monthly. 6. $5000 is invested in an account which offers 2.125%, compounded continuously. 7. Look back at your answers to Exercises 1 - 6. What can be said about the difference between monthly compounding and continuously compounding the interest in those situations? With the help of your classmates, discuss scenarios where the difference between monthly and continuously compounded interest would be more dramatic. Try varying the interest rate, the term of the investment and the principal. Use computations to support your answer. 8. How much money needs to be invested now to obtain $2000 in 3 years if the interest rate in a savings account is 0.25%, compounded continuously? Round your answer to the nearest cent. 9. How much money needs to be invested now to obtain $5000 in 10 years if the interest rate in aCDis2.25%, compounded monthly? Round your answer to the nearest cent. 10. On May, 31, 2009, the Annual Percentage Rate listed at Jeff’s bank for regular savings accounts was 0.25% compounded monthly. Use Equation 6.2 to answer the following. (a) If P = 2000 what is A(8)? (b) Solve the equation A(t) = 4000 for t. (c) What principal P should be invested so that the account balance is $2000 is three years?
6.5 Applications of Exponential and Logarithmic Functions 483 11. Jeff’s bank also offers a 36-month Certificate of Deposit (CD) with an APR of 2.25%. (a) If P = 2000 what is A(8)? (b) Solve the equation A(t) = 4000 for t. (c) What principal P should be invested so that the account balance is $2000 in three years? (d) The Annual Percentage Yield is the simple interest rate that returns the same amount of interest after one year as the compound interest does. With the help of your classmates, compute the APY for this investment. 12. A finance company offers a promotion on $5000 loans. The borrower does not have to make any payments for the first three years, however interest will continue to be charged to the loan at 29.9% compounded continuously. What amount will be due at the end of the three year period, assuming no payments are made? If the promotion is extended an additional three years, and no payments are made, what amount would be due? 13. Use Equation 6.2 to show that the time it takes for an investment to double in value does not depend on the principal P , but rather, depends only on the APR and the number of compoundings per year. Let n = 12 and with the help of your classmates compute the doubling time for a variety of rates r. Then look up the Rule of 72 and compare your answers to what that rule says. If you’re really interested 21 in Financial Mathematics, you could also compare and contrast the Rule of 72 with the Rule of 70 and the Rule of 69. In Exercises 14 - 18, we list some radioactive isotopes and their associated half-lives. Assume that each decays according to the formula A(t) =A 0 e kt where A 0 is the initial amount of the material and k is the decay constant. For each isotope: ˆ Find the decay constant k. Round your answer to four decimal places. ˆ Find a function which gives the amount of isotope A which remains after time t. (Keep the units of A and t the same as the given data.) ˆ Determine how long it takes for 90% of the material to decay. Round your answer to two decimal places. (HINT: If 90% of the material decays, how much is left?) 14. Cobalt 60, used in food irradiation, initial amount 50 grams, half-life of 5.27 years. 15. Phosphorus 32, used in agriculture, initial amount 2 milligrams, half-life 14 days. 16. Chromium 51, used to track red blood cells, initial amount 75 milligrams, half-life 27.7 days. 17. Americium 241, used in smoke detectors, initial amount 0.29 micrograms, half-life 432.7 years. 18. Uranium 235, used for nuclear power, initial amount 1 kg grams, half-life 704 million years. 21 Awesome pun!
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College Algebra Version ⌊π⌋ Co
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Table of Contents Preface ix 1 Rela
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Table of Contents v 4.3.3 Answers .
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Preface Thank you for your interest
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xi text and we have gone to great l
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Chapter 1 Relations and Functions 1
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1.1 Sets of Real Numbers and the Ca
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1.2 Relations 21 Solution. 1. To gr
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1.2 Relations 23 lines y = 1 and y
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1.2 Relations 25 ‘connecting the
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1.2 Relations 27 (x − 2) 2 + y 2
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1.2 Relations 29 1.2.2 Exercises In
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1.2 Relations 31 29. 5 4 3 y 30. 2
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1.2 Relations 33 1.2.3 Answers 1. y
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1.2 Relations 35 13. y 14. y 3 2
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1.2 Relations 37 41. y = x 2 +1 The
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1.2 Relations 39 45. y = √ x −
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1.2 Relations 41 49. (x +2) 2 + y 2
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1.3 Introduction to Functions 43 1.
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1.3 Introduction to Functions 45 So
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1.3 Introduction to Functions 47 Al
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1.3 Introduction to Functions 51 23
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1.4 Function Notation 55 1.4 Functi
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1.4 Function Notation 57 (c) To fin
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1.4 Function Notation 59 1 − 4x x
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1.4 Function Notation 61 these limi
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1.4 Function Notation 63 1.4.2 Exer
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1.4 Function Notation 65 ⎧ ⎪⎨
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1.4 Function Notation 67 (b) How mu
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1.4 Function Notation 69 1.4.3 Answ
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1.4 Function Notation 71 18. For f(
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1.4 Function Notation 73 26. For f(
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1.4 Function Notation 75 69. C(0) =
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1.5 Function Arithmetic 77 ( ) 4. F
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1.5 Function Arithmetic 79 Next, we
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1.5 Function Arithmetic 81 r(x + h)
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1.5 Function Arithmetic 83 Solution
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1.5 Function Arithmetic 85 27. f(x)
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1.5 Function Arithmetic 87 1.5.2 An
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1.5 Function Arithmetic 89 13. For
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1.5 Function Arithmetic 91 37. 39.
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1.6 Graphs of Functions 93 1.6 Grap
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1.6 Graphs of Functions 95 In the p
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1.6 Graphs of Functions 97 The calc
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1.6 Graphs of Functions 99 The calc
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1.6 Graphs of Functions 101 on [−
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1.6 Graphs of Functions 103 1. Find
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1.6 Graphs of Functions 105 Example
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1.6 Graphs of Functions 107 1.6.2 E
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1.6 Graphs of Functions 109 In Exer
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1.6 Graphs of Functions 111 For Exe
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1.6 Graphs of Functions 113 y y 4 5
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1.6 Graphs of Functions 115 6. f(x)
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1.6 Graphs of Functions 117 17. y 1
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1.6 Graphs of Functions 119 90. h i
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1.7 Transformations 121 7 y 7 y (5,
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1.7 Transformations 123 2 to all of
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1.7 Transformations 125 2 1 (0, 0)
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1.7 Transformations 127 Solution. 1
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1.7 Transformations 129 y y 3 2 1 (
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1.7 Transformations 131 A few remar
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1.7 Transformations 133 6 y 6 y (4,
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1.7 Transformations 135 Finally, to
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1.7 Transformations 137 (a, f(a)) a
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1.7 Transformations 139 shift right
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1.7 Transformations 141 Thecomplete
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1.7 Transformations 143 64. The gra
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1.7 Transformations 145 25. y =2−
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1.7 Transformations 147 38. g(x) =f
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1.7 Transformations 149 50. y = S 1
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Chapter 2 Linear and Quadratic Func
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2.1 Linear Functions 153 P 2 5. m =
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2.1 Linear Functions 155 Equation 2
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2.1 Linear Functions 157 y 4 3 2 y
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2.1 Linear Functions 159 4. We find
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2.1 Linear Functions 161 average sp
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2.1 Linear Functions 163 2.1.1 Exer
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2.1 Linear Functions 165 40. A rest
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2.1 Linear Functions 167 61. y = 2
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2.1 Linear Functions 169 2.1.2 Answ
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2.1 Linear Functions 171 35. (a) F
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2.2 Absolute Value Functions 173 2.
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2.2 Absolute Value Functions 177 By
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2.2 Absolute Value Functions 179 Ex
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2.2 Absolute Value Functions 181 wh
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2.2 Absolute Value Functions 185 24
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2.2 Absolute Value Functions 187 31
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2.3 Quadratic Functions 189 y y (
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2.3 Quadratic Functions 191 shows t
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2.3 Quadratic Functions 193 From g(
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2.3 Quadratic Functions 195 ( a x +
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2.3 Quadratic Functions 197 To find
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2.3 Quadratic Functions 199 Neverth
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2.3 Quadratic Functions 201 15. The
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2.3 Quadratic Functions 203 2.3.2 A
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2.3 Quadratic Functions 205 8. f(x)
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2.3 Quadratic Functions 207 25. (a)
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2.4 Inequalities with Absolute Valu
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2.5 Regression 225 2.5 Regression W
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2.5 Regression 227 2. Find the leas
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2.5 Regression 229 The coefficient
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2.5 Regression 231 4. The chart bel
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2.5 Regression 233 2.5.2 Answers 1.
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Chapter 3 Polynomial Functions 3.1
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3.1 Graphs of Polynomials 237 of th
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3.1 Graphs of Polynomials 239 In or
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3.1 Graphs of Polynomials 241 Despi
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3.1 Graphs of Polynomials 243 at th
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3.1 Graphs of Polynomials 245 Theor
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3.1 Graphs of Polynomials 247 In Ex
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3.1 Graphs of Polynomials 249 37. T
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3.1 Graphs of Polynomials 251 9. f(
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3.1 Graphs of Polynomials 253 21. g
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3.1 Graphs of Polynomials 255 33. (
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3.2 The Factor Theorem and the Rema
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3.3 Real Zeros of Polynomials 269 3
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3.3 Real Zeros of Polynomials 275 f
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3.3 Real Zeros of Polynomials 277 T
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3.3 Real Zeros of Polynomials 279 (
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3.3 Real Zeros of Polynomials 281 I
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3.4 Complex Zeros and the Fundament
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Chapter 4 Rational Functions 4.1 In
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4.1 Introduction to Rational Functi
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4.2 Graphs of Rational Functions 32
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4.3 Rational Inequalities and Appli
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Chapter 5 Further Topics in Functio
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5.1 Function Composition 361 2. As
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5.1 Function Composition 363 (+)
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5.1 Function Composition 365 9. The
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5.1 Function Composition 367 Theore
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5.1 Function Composition 369 5.1.1
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5.1 Function Composition 371 50. (g
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5.1 Function Composition 373 7. For
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5.1 Function Composition 375 20. Fo
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5.1 Function Composition 377 56. (g
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5.2 Inverse Functions 379 The main
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5.2 Inverse Functions 381 y = f −
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5.2 Inverse Functions 383 (b) We ca
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5.2 Inverse Functions 385 y = f(x)
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5.2 Inverse Functions 387 = = 2x 2x
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5.2 Inverse Functions 389 We get g
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5.2 Inverse Functions 391 Using wha
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5.2 Inverse Functions 393 1. Explai
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5.2 Inverse Functions 395 26. Show
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5.3 Other Algebraic Functions 397 5
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5.3 Other Algebraic Functions 399 I
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5.3 Other Algebraic Functions 401 b
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5.3 Other Algebraic Functions 405
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5.3 Other Algebraic Functions 415 (
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Chapter 6 Exponential and Logarithm
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6.1 Introduction to Exponential and
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Page 441 and 442: 6.1 Introduction to Exponential and
Page 447 and 448: 6.2 Properties of Logarithms 437 6.
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Page 451 and 452: 6.2 Properties of Logarithms 441 ex
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Page 459 and 460: 6.3 Exponential Equations and Inequ
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Page 505 and 506: Chapter 7 Hooked on Conics 7.1 Intr
Page 507 and 508: 7.1 Introduction to Conics 497 If t
Page 509 and 510: 7.2 Circles 499 4 y 3 2 1 −4 −3
Page 511 and 512: 7.2 Circles 501 We close this secti
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Page 517 and 518: 7.3 Parabolas 507 The distance from
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Page 527 and 528: 7.4 Ellipses 517 Minor Axis Major A
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Page 531 and 532: 7.4 Ellipses 521 As with circles an
Page 533 and 534: 7.4 Ellipses 523 From this sketch,
Page 535 and 536: 7.4 Ellipses 525 7.4.1 Exercises In
Page 537 and 538: 7.4 Ellipses 527 7.4.2 Answers x 2
Page 539 and 540: 7.4 Ellipses 529 (x − 4) 2 (y −
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7.5 Hyperbolas 533 endpoints of the
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7.5 Hyperbolas 535 from the center
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7.5 Hyperbolas 537 As with the othe
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7.5 Hyperbolas 539 y 6 5 4 3 2 Jeff
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7.5 Hyperbolas 541 7.5.1 Exercises
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7.5 Hyperbolas 543 is a hyperbola.
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7.5 Hyperbolas 545 (y − 3) 2 (x
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7.5 Hyperbolas 547 19. (x − 1) 2
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Chapter 8 Systems of Equations and
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8.1 Systems of Linear Equations: Ga
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8.2 Systems of Linear Equations: Au
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8.3 Matrix Arithmetic 579 ⎡ ⎤
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8.3 Matrix Arithmetic 581 As did ma
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8.3 Matrix Arithmetic 583 While the
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8.3 Matrix Arithmetic 585 Using Ri
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8.3 Matrix Arithmetic 587 C 2 − 5
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8.3 Matrix Arithmetic 589 ( √2 2
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8.3 Matrix Arithmetic 591 8.3.1 Exe
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8.3 Matrix Arithmetic 593 28. Now l
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8.3 Matrix Arithmetic 595 8.3.2 Ans
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8.3 Matrix Arithmetic 597 [ ] −9
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8.4 Systems of Linear Equations: Ma
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8.5 Determinants and Cramer’s Rul
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8.6 Partial Fraction Decomposition
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8.7 Systems of Non-Linear Equations
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20. Solve the following system ⎧
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Chapter 9 Sequences and the Binomia
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9.1 Sequences 653 3. From {2n − 1
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9.1 Sequences 655 Solution. A good
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9.1 Sequences 657 Looking at the de
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9.1 Sequences 659 28. 0.9, 0.99, 0.
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9.2 Summation Notation 661 9.2 Summ
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9.2 Summation Notation 663 5∑ (
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9.2 Summation Notation 665 S = n (2
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9.2 Summation Notation 667 payment
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9.2 Summation Notation 669 n∑ k=1
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9.2 Summation Notation 671 In Exerc
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9.3 Mathematical Induction 673 9.3
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9.3 Mathematical Induction 675 This
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9.3 Mathematical Induction 677 it i
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9.3 Mathematical Induction 679 9.3.
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9.4 The Binomial Theorem 681 9.4 Th
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9.4 The Binomial Theorem 683 songs
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9.4 The Binomial Theorem 685 (a + b
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9.4 The Binomial Theorem 687 ∑k
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9.4 The Binomial Theorem 689 ( 0 0)
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9.4 The Binomial Theorem 691 9.4.1
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Index n th root of a complex number
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Index 1071 central angle, 701 chang
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Index 1073 reflective property, 523
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Index 1075 matrix, multiplicative,
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Index 1077 midpoint definition of,
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Index 1079 instantaneous, 161, 472
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Index 1081 inconsistent, 553 indepe
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College Algebra, 2013a

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