Scribe Post

Today we studied about The Rule of 72. We can use this rule to calculate the "Interest Rate" and the "# of years to double" your amount of money. Here is the formula:
(Interest Rate) x (Years to double) = 72.
Because I can't find today's slide so I don't remember the question we did so clearly. It was like: You invest your money in 2 ways: $1200 a year or $100 a month with the interest rate 6% in 1 year. Compare those 2 ways. Here is my answer for this question:
a) $1200 a year:                                       b) $100 a month:
N=1                                                              N=12
I%=6                                                            I%=6
PV=0                                                           PV=0
PMT=-1200                                               PMT=-100
FV=alpha+solve = 1200                           FV=1233.556
P/Y=1                                                          P/Y=12
C/Y=1                                                          C/Y=12

If you invest your money $100 a month , you will gain extra:
$1233.556 - $1200 = $33.556


Next scribe is Ari5

Today's Slides: April 30

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Wednesday, April 30,2008

This is my first scribe......I dunno what to put in here. OK

Today!!! we learned about the "Personal Finance".

The slice Mr.K uploaded was explain everything. Nothing i can tell.

Today's Slides: April 29

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Today's Slides: April 28

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BOB

Hey everybody ! Test is tommorow! At the moment I'm studying as much as I can to do awesome at this test because I really want to pass this course. The unit is pretty easy except for the wording of course *sweat* I have trouble understanding the wording of the questions for this unit >< But I think once I get it it's gonna be a bit smoother on the road to answer the questions.

Well for this unit I learnt how to properly use the protractor once again *laughs at self* I had forgotten how to actually properly use one=S but, luckily I slowly remembered how to and I've been doing alright for the questions. Good luck on the test tommorow guys going back to studying!

BOB- vectors

ok for some very strange reason i find this unit quite difficult at times but i hope that by practicing more with the formulas that adamson referred to, i can figure out the problems i just think that i get stuck when it says "due" or "with a bearing" in the word problems. otherwise i think i'll be ok... but i gotta go back to studying =(