Explanation Given: 1.The expression 2.8 1/4 and 120 1/3 and 2. The annual return where principle $250 increases to $1850 in 15 years Formula used: Value = Principle x Rate x Period 100 Calculation: Initially calculate 14= 0.25 and 13= 0.3 on your calculator. Scientific calculators also have two keys for exponential functions: Exponent: Denoted by ^ or capital E Natural Exponent: Denoted by e x , raises e to the power you enter In the question, we have 2.8 1/4 and 120 1/3 , so first find the value of 1/4 and 1/3 using simple calculator functions. This will give us values equal to 0.25 and 0.33 respectively. Now, using exponent function on your scientific calculator, calculate as below: (a) Type 2.8, then press ‘^’ or ‘E’ on your calculator, then type 0.25 and then press ‘= or enter’ sign to get the answer as 1...

Using and Understanding Mathematics: A Quantitative Reasoning Approach (6th Edition)

6th Edition

ISBN: 9780321914620

Author: Jeffrey O. Bennett, William L. Briggs

Publisher: PEARSON

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Chapter 4.C, Problem 79E

To determine

1. The value of expression – 2.8^1/4 and 120^1/3 using the scientific calculator or Excel and

2. The annual return where principle $250 increases to $1850 in 15 years.

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Chapter 4.C, Problem 78E

Chapter 4.D, Problem 1QQ

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Chapter 4 Solutions

Using and Understanding Mathematics: A Quantitative Reasoning Approach (6th Edition)

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1. The value of expression – 2.8 1/4 and 120 1/3 using the scientific calculator or Excel and 2. The annual return where principle $250 increases to $1850 in 15 years.

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1. The value of expression – 2.81/4 and 1201/3 using the scientific calculator or Excel and 2. The annual return where principle $250 increases to $1850 in 15 years.

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Chapter 4 Solutions

1. The value of expression – 2.8^1/4 and 120^1/3 using the scientific calculator or Excel and

2. The annual return where principle $250 increases to $1850 in 15 years.