WHITE BOARDS
1. You put $547.00 on a credit card that collects 18.99% annual interest. If you make no payments how long will it take for the balance to reach the $2000.00 for each of the given frequency of compounding?
a. Annual
b. Quarterly
c. Continuously
d. Explain which is the better frequency for this situation and why.
A bacteria doubles every 35 minutes. If there was 245g to begin with, approximately how much bacteria will there be after 24 hrs? That is 1440 mins.
The half-life of Plutonium-240 is 5563 years. If an organism had 200g of Plutonium-240 at its time of death, approximately how much Plutonium-240 will remain after 37,000 years?
The half-life of Plutonium-240 is 5563 years. If an organism had 200g of Plutonium-240 at its time of death, approximately how much Plutonium-240 will remain after 37,000 years?