Exponential function - practice problems - page 2 of 9
Direction: Solve each problem carefully and show your solution in each item.Number of problems found: 166
- What amount
What amount of money will be required to repay a loan of $30000 on June 1, 2008? If the loan was made on September 1, 2001, at the interest rate of 14% compounded quarterly. - Deposit for house
The current house price is $300000, with prices increasing by 3% yearly. A buyer wishes to purchase the house in 5 years. The bank requires a 10%deposit on the price of the house in order to grant a loan. How much would the buyer need to deposit each quar - Simplify logarithm expr
Given that logxU + logxV =p and logxU - logxV =q Prove that U=x^½(p+q) - Compounded monthly
Find the compound amount if Php 150,000.00 is deposited in a bank paying 9% p.a. compounded monthly for three years. - Midnight 67644
The bacteria in the test tube divide into two every second, with each new one having the same volume as the original. At exactly midnight, the test tube was full. At what time was the test tube half full? - A town
A town has a population of 18000 and grows by 2% every year. What will be the population after 11 years, to the nearest whole number? - MP3 player
Mary plans to buy a new MP3 player for 90 USD. And every month, the amount he saved in the previous month doubles. If she saves 3 USD in the first month, how many months will Mary save enough to buy an MP3 player? - 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.
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