Notes on Day 3 of Sequences November 20,...
Transcript of Notes on Day 3 of Sequences November 20,...
![Page 1: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/1.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 2: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/2.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 3: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/3.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 4: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/4.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 5: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/5.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 6: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/6.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 7: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/7.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 8: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/8.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 9: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/9.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 10: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/10.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 11: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/11.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 12: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/12.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 13: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/13.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 14: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/14.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 15: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/15.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 16: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/16.jpg)
Notes on Day 3 of Sequences November 20, 2018
![Page 17: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/17.jpg)
Notes on Day 3 of Sequences November 20, 2018
Calculate the future value of the following situations.
a) $800 invested at 5% interest for 3 years, compouned monthly
b) $15,000 at 2.5% interest for 20 years, compouned quarterly
c) $4,000 at 6 % interest for 20 years, comp. semi-annually
Calculate the future value of the following situations.
a) $800 invested at 5% interest for 3 years, compouned monthly
b) $15,000 at 2.5% interest for 20 years, compouned quarterly
c) $4,000 at 6 % interest for 20 years, comp. semi-annually
![Page 18: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/18.jpg)
Notes on Day 3 of Sequences November 20, 2018
Calculate the future value of the following situations.
a) $800 invested at 5% interest for 3 years, compouned monthly
b) $15,000 at 2.5% interest for 20 years, compouned quarterly
c) $4,000 at 6 % interest for 20 years, comp. semi-annually
Calculate the future value of the following situations.
a) $800 invested at 5% interest for 3 years, compouned monthly
b) $15,000 at 2.5% interest for 20 years, compouned quarterly
c) $4,000 at 6 % interest for 20 years, comp. semi-annually
![Page 19: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/19.jpg)
Notes on Day 3 of Sequences November 20, 2018
How much does Nicole need to deposit into an account to collect $50,000 at the end of 6 years if the account is paying 6.8% p.a. compounded quarterly?
Finding the Present Value (or Capital)
How much does Nicole need to deposit into an account to collect $50,000 at the end of 6 years if the account is paying 6.8% p.a. compounded quarterly?
Finding the Present Value (or Capital)
![Page 20: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/20.jpg)
Notes on Day 3 of Sequences November 20, 2018
Finding the interest rateCalculate the interest rate that Tus would need in order to accumulate $25,000 in 5 years time, if the initial amount to invest is $19,971 (assume monthly compounding)
Finding the interest rateCalculate the interest rate that Tus would need in order to accumulate $25,000 in 5 years time, if the initial amount to invest is $19,971 (assume monthly compounding)
![Page 21: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/21.jpg)
Notes on Day 3 of Sequences November 20, 2018
Finding the Time PeriodFor how long must Jamie invest 4000 euro at 6.4% p.a. compounded half-yearly if is to amount to 10,000 euro?
![Page 22: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/22.jpg)
Notes on Day 3 of Sequences November 20, 2018
Finding the Time PeriodFor how long must Jamie invest 4000 euro at 6.4% p.a. compounded half-yearly if is to amount to 10,000 euro?
![Page 23: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/23.jpg)
Notes on Day 3 of Sequences November 20, 2018
HH Textbookpage 418.......
Review Set 12A... 2 - 5 andReview Set 12B... 1 , 6 , 8
![Page 24: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/24.jpg)
Notes on Day 3 of Sequences November 20, 2018
Word of warning: be able to get all answers algebraically, except for any problem involving monthly payments.
![Page 25: Notes on Day 3 of Sequences November 20, 2018blogs.4j.lane.edu/cedarlund/files/2018/11/Notes-on... · Notes on Day 3 of Sequences November 20, 2018 Calculate the future value of the](https://reader034.fdocuments.in/reader034/viewer/2022042222/5ec8bd18e43631454d3b573b/html5/thumbnails/25.jpg)
Notes on Day 3 of Sequences November 20, 2018
Assignment:
Worksheet: Compound Interest Practice