MATH 104 Study Guide - Midterm Guide: Lindos
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This midterm has 4 questions on 7 pages, for a total of 40 points. None of the following are allowed: documents, cheat sheets or electronic devices of any kind (including calculators, cell phones, etc. ) At 1:00 p. m. ship a is 25 km due north of ship b. In each problem below, assume that interest is compounded continuously. (leave your answers unsimplified). (a) you invest 000 now at 3% interest. How much will you have after 5 years? (b) you invest 000 now at a xed interest rate. How much longer must you wait till your investment triples? (c) you invest at the beginning of the year 2000 at an interest rate of 5%. What must p be in order to be able to withdraw at the beginning of 2010, then. Suppose that lindo cafe. sells 400 half-kilogram bags of colombian co ee per week when it is priced at per 500 grams.