pc 3.1 notes
TRANSCRIPT
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3.1 Exponential Functions
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Ex. 8) On the day of a child's birth, $25,000 is deposited into a trust fund that pays 8.25% interest. What is the balance in this account on the child's 18th birthday if the interest isa) compounded quarterly
b) compounded monthly
c) compounded continously
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Ex. 9) In 2010, the current population of Visalia is approximately 125,921 people. If the population is increasing at a rate of 4%, estimate the population in 2060.
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Assignment:
#22 p. 226 #4, 7-10, 13, 16, 28, 29, 35, 46, 48, 53, 58, 62, 67