LQ2LN01SOLNWF11

# LQ2LN01SOLNWF11 - Lab Section 01 SOLUTIONS WHITE...

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PLEASE TURN OVER Lab Section 01 MATHEMATICS MATH*1080 Lab Quiz #2 W SOLUTIONS WHITE NO CALCULATORS ALLOWED Surname: ______________________________ Initials:________ Lab Section #:______ (PRINT) Student #: Class Section #: ______ 1. Each year a bank deducts \$ 0 as service charges on each deposit account, and then pays 10% interest on the ( remaining money. Let denote the amount of money in a specific account at the end of year n. \ 8 (a) Write a difference equation satisfied by the sequence { }. \ 8 Solution 2 \ œ \  (!  !Þ"Ð\  (!Ñ Ê \ œ \  (!  !Þ"\  ( 88 8 8 +1 +1 Ê\ œ"Þ"\ (( \ œ "Þ"\  (( +1 +1 Answer (a) 4 (b) Write an expression giving the balance of the account at the end of year if the initial deposit is 8\ ! \$8,000. Solution where , and \ œ \  + + œ "Þ"ß , œ  (( ,, "+ 8! 8 Œ \ œ )!!! ! 2 \ œ )!!!  Ð"Þ"Ñ Ê \ œ ((!  (#\$!Ð"Þ"Ñ Ð((Ñ Ð((Ñ ""Þ" Answer (b) \ œ ((!  (#\$!Ð"Þ"Ñ 8 8 2. Deternine the strictly positive equilibriums for the difference equation 2 = ( ) ( ) a r e 1 \\ " # \ 8" \$# 2 SOLUTION = ( ) ( = ( ) ( 11 \ \ "#  \ Ñ Ê \ \ "#  \ Ñ 8" \$# \$# II I ## 1 = () Ê \$#\ "# \  Ð\ Ñ Ê Ð\ Ñ  "# \  \$#\ œ !

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LQ2LN01SOLNWF11 - Lab Section 01 SOLUTIONS WHITE...

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