The compound interest formula has several constants in it. If you are given all but one of these constants, you can solve for the remaining constant.
In this FAQ, we look at solving for the rate r using roots.
The compound interest formula has several constants in it. If you are given all but one of these constants, you can solve for the remaining constant.
In this FAQ, we look at solving for the rate r using roots.
Suppose that the profit for a company is increasing at a rate of
where the company has been in operation for t years. What is the total change in profit over the first three years?
It might surprise you to know that in 2013, 70.7% of all worldwide emails were spam. Spam emails are unsolicited email that are sent out in bulk. To combat these emails, companies utilize spam filters provided by software companies to block the spam emails from reaching the desired recipient.
One provider, SpamTitan, advertises the following data
Based on the information above, what is the probability that a delivered email is spam?
Often a rate function or derivative is given by data or a graph. If we can find a function for the data, we can take the antiderivative of the function to undo the rate. But what if the rate is given by a graph whose formula is unknown?