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Tuesday, January 21, 2014

Quant Lit Task 4

The information we be incurking in this exercise is to algebraically solve and graphically show the deuce redemptives figurer programs so we can come up a break up to now point, the residuum of the identifys at 14 months and the balance of the accounts at 23 months. savings stick out A is represented by adding $ cd to the reaping of $20 calculate by the number of weekly accommodates. $four hundred+20X=Y The balance of savings picture B is found by adding $600 to the product of $10 multiplied by the number of monthly deposits. $600+10X=Y In night club to find a constant inconstant we are spill subtract one plan from the other. 20x+400=Y 10X+600=Y 10x-200=y To solve for X we volition set Y advert to 0. 10X-200=0 10X=200 X=20 When we lay in this twin in the saving plans we will be suitable to solve for Y. 600+10(20)=0 or Y400+20(20)=0 or Y 600+200=800 or Y400+400=800 or Y Y=800800=Y resolving is the legitimate equal (20,800) This is be cause in some(prenominal) equations when X=20 Y=800. The following graph compares the two saving plans and contains the Y intercept of both plans and the point at which both plans brook the same balance. If we use the graph to find the balance of Plan A after(prenominal) 14 months we see the ordered pair (14,$680) with plan B we see the ordered pair (14,$740).
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By comparing these two points we pick out that after 14 months savings plan B will deal a larger balance. If we use the graph to find the savings plan of from each one account after 23 months we see the ordered pair (23,$860) with savings plan B we see the ordered pairs (23,$830). By co! mparing these two points we know after 23 months plan A will hurl the larger balance of the two. The cause Quadrant one is the applicable quadrant is because we are start with positive X and Y values that are increasing. Because we are making positive deposits to the account every month and non withdrawing any of the money we will totally be functional with positive numbers. In both saving plans the initial deposit is represented at the Y intercept...If you hope to get a full essay, order it on our website: OrderCustomPaper.com

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