MATH062N Week 7 Discussion Latest 2022 November

Question # 00642343
Subject: Mathematics
Due on: 12/05/2022
Posted On: 12/04/2022 10:08 PM
Tutorials: 1
Rating:
4.9/5
Question Dot Image

MATH062N Beginning Algebra

Week 7 Discussion

Exponents and Polynomials in the Real World

Required Resources

Read/review the following resources for this activity:

Textbook (Elementary Algebra): Chapter 6

Video Lectures

Instructor supplied resources

Student chosen resources (optional)

Initial Post Instructions

The use of complex math, including exponents, is instrumental in many fields. Exponents are used in scientific, financial, and economic applications. Such math is also used to solve problems and make predictions in your personal life as well. One important formula that requires the understanding of exponents is the present value formula. Present value, PV, is a widely used formula that calculates the present day value of an amount that is received at a future date.

The Present Value Formula is PV = FV/?(1+r)?^n ,where PV is the present value that will amount to FV dollars in n years at interest rate r compounded annually.

For the initial post, think of something you want or need that has a future cost between $5,000 and $90,0000. For example, maybe you want to save up for your child's college education or maybe you want to save for a cabin on the lake. Assume you have an investment, which provides between 6% and 11% interest compounded annually, and you want to purchase your desired item in 15 years. What is the present value? In other words, how much money do you need to invest today?

Include the following in your discussion:

State the FV or cost of the desired item in n = 15 years.

State he interest rate, r, you will earn on your investment (use an annual rate between 6% and 11%).

Set up the formula and solve for the present value, PV, showing all work.

Follow-Up Post Instructions

Respond to at least one peer or the instructor. Further the dialogue by providing more information and clarification.

Remember to go above the "Good job" and "I agree" type of replies. You want to show analysis in your replies...show what you have learned from the week. Here are some things that you can do:

Summarize what you learned from their post.

Show how you would have simplified their presented expression in a different way.

Ask extension questions to further dialogue.

Dot Image
Rapidanswer Posted By :
Questions: 3321 Tutorials: 3311
Tutorials for this Question

MATH062N Week 7 Discussion Latest 2022 November

Tutorial # 00641224
Posted On: 12/04/2022 10:22 PM
Feedback Score: Not rated yet!
Purchased By: 2
Rapidanswer
Posted By:
Questions:
3321
Tutorials:
3311
Report this Tutorial as Inappropriate
Tutorial Preview
The solution of MATH062N Week 7 Discussion Latest 2022 November...
Attachments
MATH062N_Week_7_Discussion_Latest_2022_November.ZIP (18.96 KB)

Great! We have found the solution of this question!

Related Questions
Descriptive Statistics Discussion - When data is collected, the most common
Chamberlain University Descriptive Statistics Discussion Week 1 Discussion: Descriptive Statistics Required Resources Read/review the following resources for this activity: Textbook: Ch …
Statistics - Describe a hypothesis test study that would
Chamberlain University Statistics Questions Required Resources Read/review the following resources for this activity: Textbook: Chapter 9 Lesson Minimum of 1 scholarly source In y …
Colorado MAT122 Week 3 Time and Activity Relation Discussion
Colorado MAT122 Time and Activity Relation Discussion wk 3) Your task for this discussion is as follows: Fill in the table with what you are typically doing during each of the following times. …
Colorado MAT122 Week 2 Time and Activity Relation Discussion
Colorado MAT122 Time and Activity Relation Discussion wk 2) Use an outside source to search for a quadratic equation that models something from your daily life. (Be sure to cite the source you use. …
Colorado MAT122 Week 1 Time and Activity Relation Discussion
MAT 122 Colorado State University Global Campus Time and Activity Relation Discussion wk 1) Research an advertised truck rental price plan that does not include unlimited miles and provide the deta …
GC Working with Radioactive Material Paper
Colorado State University GC Working with Radioactive Material Paper As a scientist, you study 200 grams of a radioactive material for seven months, and suppose you have obtained the following data …
Algebra Polynomial Division Problem Discussion
Colorado State University Algebra Polynomial Division Problem Discussion Write your own polynomial division problem. Solve it using long division and synthetic division. Discuss wh …
Statistics Rstudio Worksheet - The center thickness (in mils)
AU Statistics Rstudio Worksheet ASSIGNMENT E The center thickness (in mils) of a sample of twenty-five contact lenses are given below 0.3978 0.4019 0.4031 0.4044 0.3984 0.3972 0.3981 0.3947 0 …
Exponential Growth in Chessboard Rice Discussion
AU Exponential Growth in Chessboard Rice Discussion Option 2: A person puts an empty chessboard on a table and puts one grain of rice on the first square. Then two grains on the second square, …
The mean yearly income for construction workers in New York
The mean yearly income for construction workers in New York has been calculated as $78,000, with a range of $74,000 to $82,000. a. If a confidence interval of 95% has been calcu …
Recent Questions
Project management assignment
  Over the past few weeks, we have learned how to develop the project scope, schedule, and cost baselines. While these are useful exercises, it is important for a pro …
JSM Staffing Services Marketing Plan Paper
Strayer University JSM Staffing Services Marketing Plan Paper Assignment 1: Part A: Your Marketing Plan For this assignment, you will document your hypothetical company’s backgro …
The marketing of services is ever increasing and has
Auburn University Marketing of Tangible Products and Services PAper The marketing of services is ever increasing and has specific differences when compared to the marketing of tangible products. Co …
What are the similarities and differences between the product,
Tarleton State Differences Between Amazon.Com and Big Mac Product Life Cycles Discussion 1. What are the similarities and differences between the product, Big Mac, and retail, Amazon.Com, …
Carmex has been making lip balm since 1937. Nevertheless
Tarleton State University Carmex Marketing Study Case Paper Carmex has been making lip balm since 1937. Nevertheless, in the last five years, it has stressed growth and become more competitive. Dur …
Customers Satisfaction Discussion - Customer satisfaction surveys
UOPX Customers Satisfaction Discussion Customer satisfaction surveys are everywhere, but do they measure loyalty? Review the "Building, Measuring, and Profiting from Customer Loyalty" art …
Wang Tao on Reform Discussion - What arguments did
Read the selection “Wang Tao on Reform.” What arguments did Wang Tao use in his efforts to persuade readers to accept his point of view? Would China’s leaders today find Wang Tao&rsq …
Origins and Aims of Labor Movement & Socialist Politics
San Diego State University Origins and Aims of Labor Movement & Socialist Politics Select any four questions of your choice listed below. Make sure you answer all parts of the question. Minimum …
Part 1,2,3,4,5 -Two political ideologies took center
Part 1 (chapters 1-2): Choose one of the following 3 questions and write a detailed response to it in canvas. Your answer is worth a possible 20 points. (1) Two political ideologies took center sta …
Ethical Decision of Bombing the cities of Hiroshima and Nagasaki Paper
Ethical Decision of Bombing the cities of Hiroshima and Nagasaki Paper On August 6 and 9, 1945, American aircraft dropped atomic bombs on Japan. In 600-1000 words, explain why the decision was made …