Same question for this. Actually need help... ;-;
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The Viola’s monthly payment more than the loan is unsubsidized than if the loan is subsidized is $35.05.
<h3>What is compound interest?</h3>Compound interest is the amount charged on the principal amount and the accumulated interest with a fixed rate of interest for a time period.
The formula for the final amount with the compound interest formula can be given as,
Here, A is the final amount (principal plus interest amount) on the principal amount P of with the rate r of in the time period of t.
Viola took out a $8,470 Stafford loan at the beginning of her four-year college career. The loan has a duration of ten years and an interest rate of 7. 5%, compounded monthly.
Put this values in the above formula as,
For the four years, the monthly payment is,
The monthly payment of unsubsidized loan is $237.97.
The monthly payment of subsidized loan is $202.80.
The difference between the unsubsidized and subsidized loan monthly payment is,
Thus, the Viola’s monthly payment more than the loan is unsubsidized than if the loan is subsidized is $35.05.
Learn more about the compound interest here;
<h3>Answer:</h3>
- using y = x, the error is about 0.1812
- using y = (x -π/4 +1)/√2, the error is about 0.02620
The actual value of sin(π/3) is (√3)/2 ≈ 0.86602540.
If the sine function is approximated by y=x (no error at x = 0), then the error at x=π/3 is ...
... x -sin(x) @ x=π/3
... π/3 -(√3)/2 ≈ 0.18117215 ≈ 0.1812
You know right away this is a bad approximation, because the approximate value is π/3 ≈ 1.04719755, a value greater than 1. The range of the sine function is [-1, 1] so there will be no values greater than 1.
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If the sine function is approximated by y=(x+1-π/4)/√2 (no error at x=π/4), then the error at x=π/3 is ...
... (x+1-π/4)/√2 -sin(x) @ x=π/3
... (π/12 +1)/√2 -(√3)/2 ≈ 0.026201500 ≈ 0.02620