Vocabulary
The Nominal Rate.
What is the APR or the Annual Percent Rate?
A=5(1.03)t
What is 5 growing annually at 3%
$3000 compounded annually for 3 years at 4%.
What is $3374.59?
The greatest Rock Band bar-none.
What is Led Zeppelin.
This is the APY of (1.03)4
What is 12.55%?
It is the Effective Rate.
What is the APY or the annual rate calculated after compounding.
A=200(1+.03/2)2t
What is 200 growing at 3%, compounded semi-annually.
A fish population is dying at 1.02% per year. 32,000 fish in 2011. How many fish are there today?
What is 28,587?
"Talkin' 'bout my generation"
Who were the Who?
What is 12%
It is the 1.082 in the equation A=230(1.082)t
What is the Growth Factor?
A=5000(1+.06/12)12t
What is 5000 growing at 6%, compounded monthly.
Which is greater 32,000 invested at 8.7% for 5 years or 33,000 invested at 8.1% for 63 Months?
What is the 33,000 investment?
"THAT LITTLE OL' BAND FROM TEXAS"
ZZ-TOP
What is 8.24%
70/Interest Rate= Doubling Time or 1/2 Time.
What is the Rule of 70?
A=800(1+.012/6)6t
What 800 growing at 1.2%, compounded Bi-Monthly.
A bacteria is declining at 4.05% per day. (Assume continuous as it is a large population). The daily decay factor would be. (4 decimal places)
What is .9603?
Band named themselves after their high school gym teacher.
What is Lynyrd Skynyrd?
This is the APR if the APY is 1.0404, compounded semi-annually.
What is 2%?
As n --> Infinity in (1+r/n)n.
What is e?
A=80e-.11t
What is 80 Decaying at 11%, compounded continuously?
If Iodine-324, was decaying at 3.2% per year, This is when we would expect to have 1/2 of it remaining. Assume continuous.
What is 21.7 Years?
Reginald Kenneth Dwight.
Who is Elton John?
This is the APR if the APY is 1.2586, compounded continuously.
What is 12%