1. A retirement account is opened with an initial deposit of $8,500 and earns 8.12% interest compounded monthly. What will the account be worth in 20 years? What if the deposit was calculated using simple interest? Could you see the situation in a graph? From what point one is better than the other?
Using EXPONENTIAL AND LOGARITHMIC FUNCTIONS
1. A retirement account is opened with an initial deposit of $8,500 and earns 8.12% interest compounded monthly. What will the account be worth in 20 years? What if the deposit was calculated using simple interest? Could you see the situation in a graph? From what point one is better than the other?
2. Graph the function and its reflection about the line y=x on the same axis, and give the x-intercept of the reflection. Prove that . [Suggestion: type {- 7 < x < 2} {0 < y < 7} in desmos, and then type its inverse function.]
3. How long will it take before twenty percent of our 1,000-gram sample of uranium-235 has decayed? [See Section 6.6 Example 13]
The decay equation is, where t is the time for the decay, and K is the characteristic of the material. Suppose T is the time it takes for half of the unstable material in a sample of a radioactive substance to decay, called its half-life. Prove that. What is K for the uranium-235? Show the steps of your reasoning.
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