Initial Knowledge Check Question 2
Suppose that $4000 is placed in an account that pays 11% interest compounded each year.
Assume that no withdrawals are made from the account.
Follow the instructions below. Do not do any rounding.
(a) Find the amount in the account at the end of 1 year
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(b) Find the amount in the account at the end of 2 years.
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The rate of decay of a radioactive substance depends upon the amount present initially. the mass y (mg) of the radioactive substance cobalt-60 present in a sample at time t (years) is represented by the exponential equation y=50e −0.1315 t . answer the following questions in complete sentences. 1. how does the exponential equation above compare to the equation for simple interest that is compounded continuously? explain the similarities. 2. what is the initial amount of cobalt-60 in the sample? 2. how much cobalt-60 is left after 8.4 years? show your work. 3. what would be the y-intercept of the graph? what does it represent? 4. after how many years will the amount of cobalt-60 left be 6.25 mg? explain what happens to the cobalt-60 after 50 years? 5. discuss some “real-world” examples and uses of cobalt-60

Which of these numbers of simulations of an event would be most likely to produce results that are closest to those predicted by probability theory? 15, 20, 5, 10

Glenda makes an online purchase for picture frames for $12.95 each and formats of $5.89 each the site says it taxes paid by the customer or 6.5% of the total purchase price shipping charges are based on the