Monday, November 30, 2015

624 - A block - due Wednesday 15.12.02

1. finish chpt 3.3 "practice" (back page of 3.3 "notes" packet) - properties of exponents
if you weren't in class today, here's what you missed...

2. chpt 3.1 - 3.2 small quiz wednesday [18 ish points]

example problems for quiz:

a. You invest $500 at 2.6% annual interested compounded quarterly.
i. balance after 25 years? ($955.76)
ii. after how many years will balance reach $20,000? (142.34 years)

b. You invest $260 at 1.9% annual interest compounded continuously.
i. balance after 12 years? ($326.58)
ii. after how many years will balance reach $1000? (70.90 years)

c. In 1985, the population of Hill Valley was 8,500.  If the population was and will continue growing at a continuous rate of 1.6%.
i. how many people will live there in the year 2015? (13,737 people)
i. during which year will the population reach 50,000? (110.75 years = the year 2095)

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