Exam 16: Exponential and Logarithmic Equations
Exam 1: Review of Basic Concepts270 Questions
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Exam 16: Exponential and Logarithmic Equations47 Questions
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Exam 19: Right-Triangle Trigonometry101 Questions
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The compound amount when an investment is compounded continuously is A = Peni Where A = compound amount, P = original principal, n = number of years, and i = interest rate per year. Let P = 400, I = 0.05, and n = 3, then find A.
(Multiple Choice)
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The formula for finding the monthly payment for an amortized loan is:
where M is the monthly payment, R is the interest rate PER MONTH, and N is the number of months. Find the monthly payment on a home loan of $100,000 at 6% for 30 years.
(Short Answer)
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The formula for finding the amount an investment grows to if it is compounded continuously is A = Pert, A is the accumulated amount, P is the principal invested, e is the natural exponent, r is the rate per year, and t is the number of years. Find the accumulated amount A if $4,500 is compounded continuously for 6 years at 7.5% per year.
(Short Answer)
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Using the formula , find the interest on an investment of $1200, at an interest rate of 12% for 5 years, if the interest is compounded quarterly.
(Short Answer)
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A suburb city presently has a population of 100,000 people. In 25 years, what would its estimated population be if
(Multiple Choice)
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Use the compound amount formula to find the accumulated amount on an investment of invested at an interest rate of for 18 months, if the interest is compounded weekly.
(Multiple Choice)
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The compound amount when an investment is compounded continuously is A = Peni Where A = compound amount, P = original principal, n = # of years, and i = interest rate per year. Find the compound amount of an investment of $2,500 at an interest rate of 10% for 2 years if it is compounded continuously.
(Multiple Choice)
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Charlie invested $2400 at an interest rate of 5% for 5 years, where it was compounded continuously. If A = Peni, calculate the accumulated amount.
(Multiple Choice)
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The compound amount when an investment is compounded continuously is expressed by the formula A = Peni, where A is the compound amount, n is the number of years, and i is the interest rate per year. Find the compound amount of an investment of $2500 at an interest rate of 10% for 2 years if it is compounded continuously.
(Multiple Choice)
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The compound amount when an investment is compounded continuously is expressed by the formula A = Peni, where A is the compound amount, P is the principal, n is the number of years, and i is the interest rate per year. Find the compound amount of an investment of $1,000 at an interest rate of 8% for 20 years if it is compounded continuously.
(Multiple Choice)
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