P.o.D. – Solve each equation for the indicated variable.

1.) P=2L+2W for W

2.) A=L(W) for L

3.) C=2πr, for r

4.) A=12h(B+b), for b

5.) A=πr2, for r

1.) W=P-2L2

2.) L=A/W

3.) r=C2π

4.) b=2Ah-B

5.) r=Aπ

1-8: Explicit Formulas for Sequences

Learning Target(s): I can find terms of sequences; use a graphing utility to graph functions and generate tables for functions.

Sequence – an ordered list of numbers

Term of a Sequence – each item in the sequence

Explicit Formulas:

EX: Consider the formula tn=3n-4.

a.)  Assuming n1, what are the first 4 numbers in the sequence defined by the formula?

t1=31-4=3-4=-1

t2=32-4=9-4=5

t3=33-4=27-4=23

t4=34-4=81-4=77

b.)  Evaluate t10 and explain what it means.

t10=310-4=59,045

This means that the 10th term in the sequence is 59,045.

Compound Interest:

A=P(1+rn)nt, where r is the rate, p is the principal, n is the number of times compounded per year, and t is the number of years invested.

EX: Alfonso has invested $750 for 1 year at 8% annual interest.

a.)  If the interest is compounded semiannually, how much will he have at the end of 1 year?

A=750(1+.082)(21)=

750(1.04)2=

$811.20

b.)  How much money will Alfonso have at the end of the second and third years?

A2=750(1+.082)22=$877.40

A3=750(1+.082)23=$948.99

c.)  How much money will he have after 10 years?

A10=750(1+.082)210=$1643.34

EX: Ashley put $750 in a bank account that pays 4.2% interest at the end of each year. During the nth year, the account balance is given by An=750(1.042)n-1.

a.)  Complete the table below.

Year / 1 / 2 / 3 / 4 / 5
Balance
750 / 781.50 / 814.32 / 848.52 / 884.16

b.)  In which year will the balance in the account first pass $1000?

Year 8

Upon completion of this lesson, you should be able to:

1.  Identify a sequence

2.  Find the numbers in a sequence

3.  Compute compound interest

For more information, visit https://www.khanacademy.org/economics-finance-domain/core-finance/interest-tutorial/compound-interest-tutorial/v/introduction-to-compound-interest

Hw Pg.57 2-8, 10-20

Quiz 1.5-1.8 tommorrow