I need help with this please and need it asap if possible.

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899559
Joined: Mon Aug 02, 2021 8:13 am

I need help with this please and need it asap if possible.

Post by answerhappygod »

I need help with this please and need it asap if possible.
I Need Help With This Please And Need It Asap If Possible 1
I Need Help With This Please And Need It Asap If Possible 1 (131 KiB) Viewed 49 times
df(a) dc dc2 This homework deals with approximations for the function f(x) = (1+x)" which will be useful in studying tides. 1) A Taylor series approximation to f(x) about x = O is f(x) = f(0) + f'(0)x + 3 f"(O)22+... where df(x) df(x) f'(x) = and f'(0) = da"\r=o. Similarly, f"(x) = etc. Show that f(x) = (1+x)" =1+nx + in(n − 1)x² +.... (See the solutions for help.) 2) Consider x = 0.05. Compute (1 + x)" with this x for n = 1, 2, 5, and 10. Compare to 1+ nx for the same values. Compare to 1+na+žn(n − 1)22 for the same values. 3) Repeat 2) but for n = -1, -2, and -3. 4) Now consider the following financial thoughts. Suppose you get an investment return i per year (interest). If you invest an amount P, after one year, you will have P(1+i). After 2 years you will have P(1+i)2. After N years, you will have P(1+i)”. Suppose you put P = $2000 in the stock market at the beginning of your working career and that i=0.07 (a reasonable long-term stock market return) for the N = 35 years you work. How much will that initial investment be worth at the end? Use an exact calculation. 5) If you put in P every year and you get i return per year, you will have a total T = ? [(1+i)N+1 – 1) at the end of N years. How much will you have if P = $2000, i = 0.07, and N = 35? Again, use an exact calculation. My advice is to set up an IRA or other retirement plan as soon as you can and put as much as you are able to into it early. You will be glad you did.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply