Determine the simple interest. (The rate is an annual rate unless otherwise stated. Assume 360 days in one year.) p=$500, r=7.25%, t= 30days The simple interest is $___ Round to the nearst cent as needed
Optimization
Optimization comes from the same root as "optimal". "Optimal" means the highest. When you do the optimization process, that is when you are "making it best" to maximize everything and to achieve optimal results, a set of parameters is the base for the selection of the best element for a given system.
Integration
Integration means to sum the things. In mathematics, it is the branch of Calculus which is used to find the area under the curve. The operation subtraction is the inverse of addition, division is the inverse of multiplication. In the same way, integration and differentiation are inverse operators. Differential equations give a relation between a function and its derivative.
Application of Integration
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Area
Area refers to the amount of space a figure encloses and the number of square units that cover a shape. It is two-dimensional and is measured in square units.
Determine the simple interest. (The rate is an annual rate unless otherwise stated. Assume 360 days in one year.)
p=$500, r=7.25%, t= 30days
The simple interest is $___
Round to the nearst cent as needed
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