PRECALCULUS 2011-2012
Tuesday, June 12, 2012
Monday, June 11, 2012
Ch3 Math Finance Part 2
Ch3 Project Voice Thread Link by Thanh, Min Ying and Lan: Future Value of Annuity
http://voicethread.com/?#u2590263.b3168886.i16883346
http://voicethread.com/?#u2590263.b3168886.i16883346
Interest Compound Continuously
http://voicethread.com/share/3174448/
Interest Compounded Continuously
Interest Compounded Continuously
Interest Compound Continuously
http://voicethread.com/share/3174448/ Interest Compounded Continuously.
Saturday, June 9, 2012
Friday, June 8, 2012
Chapter 2 Project
According to zillow.com, the property taxes of my grandparent's house is $4,778 as of June,2011. The tax was $4,524 when my family moved in during October 2008.
- To find the model, you go to STAT ---> EDIT---> Plug in X & Y values. The X values would be from 2004-2011 but I type in #1-8 represent years. The Y values would be the property taxes. Then I found Quart Reg fits the best after I tried all four Reg ( Linear, Quad, Cubic, Quart) because R^2 is closet to 1.
- My house property taxes will not be $100,000 because the maximum in $4,800.
- The prediction can be changed if the value of the house increases.
Chapter 2 Project
From Zillow.com, I found out that the house I live in was worth 332,000 in October, 2009, which was when I moved in. To find out the best regression model, i use the data I collected on Zillow and plugged it into my calculator. I went through all the different regression models, like cubic, linear, quadratic, etc. I found out that quartic regression is the most accurate.
The equation is 1.38x^4-24.588x^3+121.630x^2-107.510x+270.720.
In the future, the house will never drop to 100,000 because the minimum value is $114,500.
The prediction can change if the economy drops even further, which means houses may go down in price.
The equation is 1.38x^4-24.588x^3+121.630x^2-107.510x+270.720.
In the future, the house will never drop to 100,000 because the minimum value is $114,500.
The prediction can change if the economy drops even further, which means houses may go down in price.
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