Do the following PROBLEMS from the book
Page 347 #49 thru #58
See the bottom of this page for the MOST IMPORTANT STYLE
PROBLEMS from this section - Plus some EVEN ANSWERS!!!
The formula ABOVE allows us to Calculate
the FINAL VALUE "A" of an
ORIGINAL INVESTMENT "P"
that is given INTEREST "r = Rate in Decimal Form"
for a TIME PERIOD "t = how many years".
the FINAL VALUE "A" of an
ORIGINAL INVESTMENT "P"
that is given INTEREST "r = Rate in Decimal Form"
for a TIME PERIOD "t = how many years".
The interest is COMPOUNDED "n times per year"
The example below shows:
Starting with $5000
at 2 % = .02
at 2 % = .02
Compounded Daily n = 365 times
the Chart below shows the FINAL VALUES
for a number of DAYS after starting the investment:
(Note: the product "nt" can be just the
TOTAL NUMBER of times interest is given.
TOTAL NUMBER of times interest is given.
Especially when "t" is not a WHOLE YEAR.)
Find below the expectations for this section:
***********Find the Final Amount or Find the Initial Amount***************
1) $7000 - at 4% - compounded yearly - for years - results in $8516.570317
2) $7000 - at 4% - compounded monthly - for 5 years - results in $8546.976158
3) $7000 - at 4% - compounded daily - for 5 years - results in $8549.72561
4) $3658 - @ 5% - compounded daily - for 7 years - becomes $5190.824665
5) $3658 - @ 5% - compounded monthly - for 7 years - becomes $5187.175879
6) $3658 - @ 5% - compounded yearly - for 7 years - becomes $5147.17334
7) $8,187.39725 - at 4% - compounded daily - for 5 years - results in $10,000
8) $4,493.4866 - at 4% - compounded daily - for 20 years - results in $10,000
******* With Continous Compounding any of the four variables can be found given the other 3
*****(e = 2.71828182...)*****
9) $3658 - @ 5% - compounded continuously - for 7 years - becomes $5190.949093
10) 9876 - Decaying continously - @ 6% - for 10 years - becomes 5420.063718
11) $7000 - at 4% - compounded Continously - for 5 years - results in $8549.819307
12) $8187.307531 - at 4% - compounded Continously - for 5 years - results in $10,000
13) $4493.289641 - at 4% - compounded Continously - for 20 years - results in $10,000
*********************************************
FOLDING PAPER
The long standing challenge was that a single piece of paper,
no matter the size, cannot be folded in half more than 7 or 8 times.
Recently, reports have been made that someone folded a piece of paper in half 13 times.
For the single direction folding case the exact limiting equation is:
where L is the minimum possible length of the material,
t is material thickness, and n is the number of folds possible in one direction.
L and t need to be expressed using the same units.
This equation gives the width "W" of a square piece of paper needed to fold a piece of paper "n" times, by folding in alternate directions. The actual equation for alternate folding is more complicated, but this relatively simple formula gives a bound that can not be exceeded and is quite close to the actual limit.
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