Rounding + exponential function - math problems

Number of problems found: 6

  • If you 2
    exp_growth If you deposit $4000 into an account paying 9% annual interest compounded monthly, how long until there is $10000 in the account?
  • Microorganisms
    microorganisms The first generation of micro-organisms has a population of 13500 members. Each next generation is 11/10 times the previous one. Find out how many generations will reach at least three times members of the first generation.
  • Future value
    penize_2 Suppose you invested $1000 per quarter over a 15 years period. If money earns an anual rate of 6.5% compounded quarterly, how much would be available at the end of the time period? How much is the interest earn?
  • A loan
    exp_growth A loan in the amount of $944 is charged simple interest at an annual rate of 8.1%. How much money is owed 14 months after the loan was made?
  • The city 2
    kingkong Today lives 298000 citizens in the city. How many citizens can we expect in 8 years if their annual increase is 2.4%?
  • Precious metals
    gold_3 In 2006-2009, the value of precious metals changed rapidly. The data in the following table represent the total rate of return (in percentage) for platinum, gold, an silver from 2006 through 2009: Year Platinum Gold Silver 2009 62.7 25.0 56.8 2008 -41.3 4

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