Please i don't understand set theory in mathematics
1 answer:
Set theory is the mathematical theory of well-determined collections, called sets, of objects that are called members, or elements, of the set. ... The axioms of set theory imply the existence of a set-theoretic universe so rich that all mathematical objects can be construed as sets
For example, if A = {1, 2, 3} and B = {1, 2, 3, 4, 5} then A Í B (Í means is a subset of). If A = {1, 2, 4, 8}, then n(A) = 4. This is because n(A) means the number of members in set A. The universal set is the set of all sets.
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Answer:
The value of the CD at the end of the 4 years is $5,808.86.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Howard invested $5,000 in Certificate of Deposit (CD) that pays 3.75% interest.
This means that
Compounded weekly
An year has 52 weeks, so
Then
What is the value of the CD at the end of the 4 years?
This is A(4). So
The value of the CD at the end of the 4 years is $5,808.86.