Applications of Linear and Quadratic Functions (1):
Demand & Supply Functions
Relate the unit price of a product to the
of the product that customers will purchase
depends on the level of it
Mathematics of Finance (1-3):
Compound interests; Present value;
Annuities; Target Deposits
The compound interest whereby the interest
earned by an invested amount of money (or
principal) is reinvested so that it too
Generally given two positive numbers a
and b, one could express a as a power of b.
If a=bx, say, the exponent x is defined to be
the logarithm of a to the base b.
For convenience we denote this logarit