Exponential function - practice problems - page 3 of 9
Direction: Solve each problem carefully and show your solution in each item.Number of problems found: 179
- Interest 66484
The bank provides loans with an interest rate of 5% pa. How much interest will you pay if you borrow 5,000 euros for: A) 1 year B) 1/2 year C) 1/4 year D) 5 years? - Wendy
Wendy deposits R6500 into an account, paying 8% annual interest compounded monthly. How much money will be in her account after 84 months of paying 8% annual interest compounded continuously? - Installment 62884 It is to be paid annually 12x 1935 CZK. The third installment is not paid - it is 2.5 permille per day. What debt will be incurred at the end of the year?
- Dream home
You finally found your dream home. It sells for $120,000 and can be purchased by paying 10% down and financing the balance at an annual rate of 9.6% compounded monthly. a) How much are your payments if you pay monthly for 30 years? b) Determine how much w
- Retirement saving
Deryl wishes to save money to provide for his retirement. Beginning one year from now, he will begin depositing the same fixed amount each year for the next 30 years into a retirement savings account. Starting one year after making his last deposit, he wi - Withdrawals 62324
A person deposits 5,000 euros into a bank account at the beginning of each year for 10 years. He does not make any other deposits or withdrawals from the account. Determine the total amount saved at 8% compounded annually when interest is compounded annua - Double of principal How long will it take for the principal to double at 12.25% annual interest?
- Quantities 60183
Determine the remaining quantities in the finite geometric sequence, given: n = 4, an = 12.5, sn = 187.5, a1 = ?, q =? - Finite geometric sequence Find the remaining unknown characteristics in the finite geometric sequence, if given: a1 = 18, an = 13122, sn = 19674, n =? q =?
- Insert
Insert five numbers between 8 and 27 such numbers that, with two given ones, they form the first seven members of the geometric sequence. - Equation 46771
Insert three numbers between the roots of the equation 4x² - 17x + 4 = 0 so that they form with the given GP numbers. - Regularly 46301
Mišo will start regular morning exercise on the first of January. Once he gets up, he squats regularly. Every next day he does twice as many squats as the previous day. On which day will he do sixteen times as many squats as he did on the third day? - Edmond
Edmond Santos borrowed USD 20,000 for 18 months at 6 1/2 % per year. Find the APR (Annual Percentage Rate) if he repaid the loan monthly. The answer is: Note: APR is expressed as a percentage representing the actual yearly cost of funds over a loan term. - Five years Nakato Nobuki, a Japanese artist, wants to have $24,000.00 in his savings account at the end of five years. Mr. Nobuki deposits $1,500.00 annually into savings and has a balance of $8,000.00 today. What must the interest rate on the savings account be for
- Future value investment
Poseidon deposited 2,747 golden drachmas in a Mount Olympus college savings account to ensure Percy could attend college. It pays 0.04 (percent in decimal form) annual interest. After 11 years, he withdraws the money. How much more money would he have if - Governments 41931
Father put €600 in a bank that pays government interest at a rate of 3%p. A. Grandfather put €610 in a bank that will make governments at a rate of 2%p. A. Which will have more money if they withdraw from the bank after one year? - The town
The town population is 56000. It is decreasing by 2% every year. What will be the population of the town after 13 years? - Maturity value IKEA Furniture can purchase furniture with a three-year simple interest loan at 8% interest per year. What is the maturity value of a 3500 loan?
- Saving for education
Suppose a couple invested Php 50 000 in an account when their child was born to prepare for a college education. If the average interest rate is 4.4% compounded annually, a, Give an exponential model for the situation b, Will the money be doubled by the t
Suppose that the half-life of a substance is 250 years. If there were initially 100 g of the substance, a. Give an exponential model for the situation b. How much will remain after 500 years?Do you have homework that you need help solving? Ask a question, and we will try to solve it. Solving math problems.
