Hey there!
Hey,
Please help with question Q4) b and c). This is part of the applications for sequence and series.
Thanks
For this one, b) is essentially the same as a), except you're plugging in 11 years instead of 1, 2 or 3 years.
^{11}=$102345.29)
c) for me is a little dodgy, might mean time, days years whatever, but im going to go ahead and assume it means how many years does it take to get 50k
^n <br />\\ 2.5\le\left(1+\frac{16}{100}\right)^n <br />\\ n\ge\log_{\left(1+\frac{16}{100}\right)} 2.5<br />\\ n\ge6.17<br />\\ n = 7<br />)
so it takes 7 years to get to 50k, but if you really want to know how long it takes to get to 50k exactly, its just that 6.17 whatever whatever in years, around 2255 days, 54118 hours 3.247m minutes, and so on. just the question is really non specific, but i think that really the answer should be 7 ie. it takes 7 years to get to 50000 dollars
Please help again!
Still sequence and series questions.
and i dont think i can't help with this one, because you've just posted a statement with some information! what is the question? post it, and ill help you out
