100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
MATH 1310 introduction to College Math - Final Milestone $20.49
Add to cart
Quickly navigate to
Preview
  2.  
  3. MATH 1310
  4.  
  5. MATH 1310

Exam (elaborations)

MATH 1310 introduction to College Math - Final Milestone
 0 purchase
  • Module
  • MATH 1310
  • Institution
  • MATH 1310

If $15,000 is invested at 6.5% annual interest compounded annually, how long would it take for the account balance to reach $50,000? Round your answer to the nearest tenth. RATIONALE To find the answer, use the formula for compound interest and solve for t: where: A = 50,000 P = 15,000 r = 6...

[Show more]

Preview 2 out of 13  pages

Document information

  • November 12, 2023
  • 13
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • math 1310 introduction to college math final mil

Written for

  • MATH 1310
  • MATH 1310

Seller

avatar-seller
Oldspice

Reviews received

Content preview

1
CONCEPT
 Solving for Growth Time using Compound Interest Formula 22 5  that's 96%R E T A K E
 24 questions were answered correctly.
 1 question was skipped. These were marked incorrect.
If $15,000 is invested at 6.5% annual interest compounded annually, how long would it take for the account
balance to reach $50,000? Round your answer to the nearest tenth.
RATIONALE
To find the answer, use the formula for compound interest and solve for t: where: A = 50,000 P = 15,000 r = 6.5% or 0.065 n = 1 To begin, substitute the known values and simplify the formula first by adding the values in the parentheses and
dividing both sides by the coefficient. To undo the variable exponent, apply a logarithm to both sides and use the Power Property of Logs to move the
variable outside the log. For the exponential function , what is the value of f(2)?
RATIONALE
To find f(2), simply plug in 2 for x and solve: 


25.9 years
19.1 years
17.3 years
22.5 years
144
576
48
96
MILESTONESCORE
24/25
 CONCEPT
 Introduction to Exponential Equations 3
CONCEPT
 Calculating Odds 4
CONCEPT
 Properties of Logs 5 Hae randomly selects a ball from a bag containing different colored balls. The odds in favor of her picking a red
ball are 2:11. What is the probability of Hae picking a red ball from the bag?
RATIONALE
Recall that we can go from odds to a probability by rewriting it as the fraction .
So, if the odds are 2:11, then the probability is .
The difference can also be expressed as __________.
RATIONALE
The expression
The Quotient Property of Logs says that if you have an individual log with the same base connected with
subtraction, you can simplify the expression by dividing the arguments (what's inside the parentheses).
Simplify the parentheses.
Which linear equation would produce a y-intercept of (0, -6) and a slope of 2?












y = 2x + 6
MILESTONESCORE
24/25

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Oldspice. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $20.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64302 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 15 years now

Start selling

Recently viewed by you

Summary ·

(0)

Samenvatting Pathologie: Aandoeningen van de Huid

Package deal ·

(0)

ANATOMIE B bundel samenvatting trefwoordenlijst

Exam (elaborations) ·

(2)

The Psychiatric Interview 4th Edition Carlat Test Bank

Exam (elaborations) ·

(0)

Marine Science Exam 1 Questions and Answers 2024

Exam (elaborations) ·

(0)

AICE A level exam review with correct answers | verified

Exam (elaborations) ·

(0)

ACQ 101 Terms Correctly Answered Questions 2024.

Exam (elaborations) ·

(0)

VA Contractors License Exam – Questions & Answers

Essay ·

(0)

Education of the Society is a Way to Stop Racism

Exam (elaborations) ·

(0)

Week 5 Knowledge Check Prediction Exam Questions 2024.
$20.49
  • (0)
Add to cart
Added