Series Series 60
Автор: Myers Mathematics
Загружено: 2025-06-30
Просмотров: 11
Описание:
60. [T] A Bank account earns 5% interest compounded monthly. Suppose that $1000 is initially deposited into the account, but that $10 is withdrawn each month.
a. Show that the amount in the account after n months is A_n = (1+.05/12)A_n-1 -10; A_0 = 1000
b. How much money will be in the account after 1 year?
c. Is the amount increasing or decreasing?
d. Suppose that instead of $10, a fixed amount d dollars is withdrawn each month. Find a value of d such that the amount in the account after each month remains $1000.
e. What happens if d is greater than this amount?
Open Stax, Calculus Volume 2, Section 5.1
This is a series on Series, one of the last topics/sections/units/chapters in Calculus 2. Stay tuned for more! Happy June!
Need a guide to figure out why you get math problems wrong, and how to correct mistakes before they happen? You can grab my free guide at MyersMathematics.com
Need one-on-one help with math? You can reach out to me directly for a free first session by emailing [email protected]
Blessings y'all!
Повторяем попытку...
Доступные форматы для скачивания:
Скачать видео
-
Информация по загрузке: