# Week 2 Assignment Mat 205

Satisfactory Essays
This week concepts were of function problems which may include exponentials and logarithms within the functions. With these types of function we can find out information for breaking-even and profit analysis, compound interest, continuous compound interest and doubling time for an investment. Out of these concepts from this week lesson plan, currently understanding and using doubling time for an investment would be the most important.

In this world we live in today, the economy has taken a huge down turn due to major banks making their own share of poor investments. With this down turn in the global economy, many people had their Saving Accounts, 401Ks, and Pensions nearly wiped out. All these may be different types of investments we use to help pay for retirement, but they are essential to being able to retire at an early enough age. Otherwise a person would only have to look forward to working during their own golden years instead of taking it easy.

With the concept of doubling time for an investment, we can with some calculation figure out how long it would take for a certain sum of money, known as the principal, would take to double its value in a certain given time period at a certain given fix interest rate all at a certain interval. This is done with the equation A=P( 1+r/m)^mt. With this equation, to figure out t which is time for the principal to double, we can sub in 2P for A since the other known value are r the interest rate and m equals 1. Once we solve the equation for t we find the amount of time needed to double the investment made.

With the concept of this function, doubling time for an investment in use, a person can now safely and accurately predict the amount of time for growth in their investments. Within this global economic down turn, knowing and planning a financially secure future has become important for anyone in the general society. If more people were able to use this concept of doubling time for an investment, the

## You May Also Find These Documents Helpful

• Good Essays

Focus on Application: Week Two Student’s Name MAT/205 Due Date Instructor’s Name For the example of a ball being thrown up into the sky and then landing on the ground, we can model a quadratic equation to show the path of the projectile at various points in time (projectile motion). That is to say, each point plotted on the graph (parabola) will be a measurement to this effect: Suppose a ball is thrown into the sky at a velocity of 64ft/sec from an initial height of 100ft. We would set the…

• 532 Words
• 3 Pages
Good Essays
• Satisfactory Essays

Are You Sure It’s Fat Free? Pamela White MAT 126 Michael Stroper May 20, 2013 Are You Sure It’s Fat Free? The question given in this assignment is an eye opener because you would think that the labels on prepackaged items are reliable. How do you know the food is totally fat free as it claims? In society we are going by what is on the box but is it actually true. In the industry they do figures by the wright not by how many calories it has. When industries use there math figures they are…

• 529 Words
• 3 Pages
Satisfactory Essays
• Satisfactory Essays

67= 26.67% This means that 26.67% of the calories are from fat. Whereas the package states that the percentage is 15%. This is much worse than I was hoping it would be, but I am not at all surprised by this development. After completing this assignment I much more aware of how careful I need to be when making my food choices. Sometimes I take the convenience of a meal into mind more so than the actual health of it all. It is definitely time for us to start calculating what…

• 413 Words
• 2 Pages
Satisfactory Essays
• Satisfactory Essays

Axia College Material MAT 116 Week 2 Application Assignment Name: Score: c/50 Starting a Business Work must be shown for full credit. Equation Editor must be used where necessary. See your Procedures document for further information. Be sure to save your document as a Word Document so that graph and equation objects are not converted to images. Images are equivalent to scans and are not acceptable in place of equation editor objects. Reduce all fractions to lowest terms.…

• 1331 Words
• 6 Pages
Satisfactory Essays
• Powerful Essays

Associate Program Material Appendix A Key Computer Terms CheckPoint Definitions and Usage of Information Technology Infrastructure Components and Technologies The following terms are examples of information technology infrastructure components and technologies used in business. Research definitions using the Internet. You will write a definition of each term and provide at least two examples of the component or technology. Provide citations and references for all resources. Term Definition…

• 482 Words
• 2 Pages
Powerful Essays
• Good Essays

It/205 week five assignments 1. List and describe the security controls in place. Where are the weaknesses? The TJX was still using the old wired equivalent Privacy (WEP) encryption system, which is relatively easy for hackers to crack. An auditor also later found the company had neglected to install firewalls and data encryption, on many of the computers using the wireless network, And did not properly install another layer of security software it had already purchased .TJX also retained…

• 667 Words
• 2 Pages
Good Essays
• Powerful Essays

CRT/205: Mapping Arguments Children in the Backseat Are the Worst Distraction for Driver In this the issue considered is the way of driving with the children in the backseat. Therefore this is a difficult one as the roads will have more traffic and driving is not an easier one. If it is done with children then it will be more difficult as they will be playing inside car and will be a hard task to control them. Then they have various distractions like that of visual distractions, manual distractions…

• 1342 Words
• 6 Pages
Powerful Essays
• Powerful Essays

Week Two Exercise Assignment Revenue and Expenses 1. Recognition of concepts. Jim Armstrong operates a small company that books entertainers for theaters, parties, conventions, and so forth. The company’s fiscal year ends on June 30. Consider the following items and classify each as either (1) prepaid expense, (2) unearned revenue, (3) accrued expense, (4) accrued revenue, or (5) none of the foregoing. a. Interest owed on the company's bank loan, to be paid in early July Prepaid expense…

• 1254 Words
• 7 Pages
Powerful Essays
• Satisfactory Essays

Lynwood Wright MAT 222 Week 2 Assignment Instructor: Dr. Stacie Williams December 14, 2013 In Elementary Algebra we have learned how to solve systems of equations. The solution to a system of linear equations is the point where the graphs of the lines intersect. The solution to a system of linear inequalities is every point in a region of the graph where the inequalities overlap, rather than the point of intersection of the lines (Slavin, 2001). This week assignment required to…

• 643 Words
• 3 Pages
Satisfactory Essays
• Good Essays

Hardware Replacement Project Clarence McKinney IT/205 December 23, 2012 Chuney Johnson Hardware Replacement Project Choosing to upgrade an information system that is outdated involves several different steps. The fact that the existing hardware is not compatible with the CRM system means there will be large cost incurred with implementation of the new system. The first thing the company should determine is if the benefits of the new system outweigh the cost involved. Once this is determined…

• 1070 Words
• 5 Pages
Good Essays