https://padlet.com/felixmariano2/m2y67pg1edbneuu3 Write your response to the topic on every column as well as your reactions to other classmate comments en-us 2022-02-13 15:53:30 UTC 2022-02-17 16:52:15 UTC hello@padlet.com https://padlet.net/icons/png/1f9d4.png https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046239682 Is the time required for quantity to reduce half of its initial value.]]> 2022-02-14 13:50:43 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046239682 hrodriguez80 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046243013 Half-life is a characteristic of an exponential function indicating how fast they decay.]]> 2022-02-14 13:52:05 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046243013 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046243279 Half-life is the time required for a quantity to reduce to half of its initial value.]]> 2022-02-14 13:52:13 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046243279 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046243324 A half symbol is the time needed for a quantity to reduce half of its value. ]]> 2022-02-14 13:52:14 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046243324 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046243340 "the length of time it takes an exponentially decaying quantity to decrease to half its original amount."]]> 2022-02-14 13:52:15 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046243340 nrodriguez219 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046244052 The half-life on an exponential function is the time over the lifetime for a quantity to reduce it's initial value.]]> 2022-02-14 13:52:33 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046244052 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046244999 2022-02-14 13:53:00 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046244999 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046246952 A half-life on an exponential function is the time required for a quantity to reduce to half of its initial value.]]> 2022-02-14 13:53:45 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046246952 amaldonado202 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046249994 I would describe the half-life of an exponential function as the amount of time needed for a value to decrease from its original value]]> 2022-02-14 13:55:08 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046249994 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046256314  the time required for a quantity to reduce to half of its initial value]]> 2022-02-14 13:57:46 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2046256314 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048591106 Compound interest is "multiplying the initial loan amount, or principal, by the one plus the annual interest rate raised to the number of compound periods minus one."]]> 2022-02-15 13:50:41 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048591106 nrodriguez219 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048593766 Compound interest is the interest you earn on interest. An example of compound interest is depositing like $500 into an account which will pay 5%, so the interest you'll pay would be $25 then the total amount that you would have to repay is $525 because you add the original plus the amount of the interest. ]]> 2022-02-15 13:51:54 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048593766 hrodriguez80 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048594152 compound interest is the interest earned on interest previously earned that you have reinvested. For example, you invest $1,000 and it earns 5% interest, or $50 per year. In a compound interest scenario, that $50 would be reinvested and become part of your investment.

]]> 2022-02-15 13:52:06 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048594152 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048594699 Compound interest is the interest you earn on interest. Like if you have $250 and you earn 5% at the end of every 2 months you will have $255. ]]> 2022-02-15 13:52:17 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048594699 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048595079 Compound Interest ~ When you earn interest on money you've saved. For example, say you deposit $1,000 in an account that pays 1% annual interest. So, you'd get $10 in a year due to the interest.]]> 2022-02-15 13:52:26 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048595079 amaldonado202 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048597377 Compound interest is when an initial amount is increased by a percentage. An example would be $1000 in the back and you collect 1% interest every year, you would have $1,010 after the first year. ]]> 2022-02-15 13:53:26 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048597377 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048600471 Is the interest on a loan or deposit that accrue on both initial principle and accumulative interest from previous periods.]]> 2022-02-15 13:54:45 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048600471 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048603909 2022-02-15 13:56:15 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048603909 ttellis1 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048611495 Compound interest is the interest you earn on interest. Basically, adding the interest you earned to your interest. ]]> 2022-02-15 13:59:43 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048611495 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048621604 Compound interest the idea of charging interest on top of interest. An example of compound interest is depositing like $400 into an account which will pay 4%, so the interest you'll pay would be $16.]]> 2022-02-15 14:04:17 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048621604 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048631716 i would define compound interest  as multiplying the initial loan amount, or principal, by the one plus the annual interest rate raised to the number of compound periods minus one.]]> 2022-02-15 14:08:21 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2048631716 nrodriguez219 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050862663 Net worth is the value of the assets a person or like a corporation owns. ]]> 2022-02-16 13:45:27 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050862663 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050863540 Net worth is a measure of wealth, the sum (value) of all assets a person or corporation owns, minus the liabilities or obligations.]]> 2022-02-16 13:45:50 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050863540 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050864034 A net worth is the combination of what you own and what you owe makes up your personal net worth.]]> 2022-02-16 13:46:04 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050864034 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050865449 Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities]]> 2022-02-16 13:46:42 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050865449 amaldonado202 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050869023 Net worth is the amount a person or a company owns]]> 2022-02-16 13:48:23 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050869023 hrodriguez80 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050873852  net worth is the total amount of money that someone owns.]]> 2022-02-16 13:50:17 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050873852 ttellis1 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050876993 Net worth is the total amount of money someone owns without taxes added.]]> 2022-02-16 13:51:31 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050876993 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050879578 2022-02-16 13:52:42 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050879578 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050883420 Is the value of all asserts, minus the total of all liabilities.]]> 2022-02-16 13:54:23 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050883420 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050884989 net worth is the amount of money that someone or something is valued ]]> 2022-02-16 13:55:04 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050884989 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050927152 Net worth is the amount of money a person is making or the valued of the corporation owns. -Olgalidia Maldonado.]]> 2022-02-16 14:12:24 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050927152 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050948916 I would describe the half-life of an exponential function the length of time it takes an exponentially decaying quantity to decrease to half its original amount. - Olgalidia M.

]]> 2022-02-16 14:21:01 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2050948916 nrodriguez219 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053215030 To convert annual growth rate into monthly growth rate, you could just use an exponent of 1/12 and subtract 1. ]]> 2022-02-17 13:49:32 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053215030 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053215907 So dividing by 12 is the same as multiplying by 1/12. Thus, to move from annual back to monthly, use an exponent of 1/12.]]> 2022-02-17 13:49:57 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053215907 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053216164 Net worth is the money a person makes or the amount that a company is valued by.]]> 2022-02-17 13:50:04 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053216164 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053219585 So dividing by 12 is the same as multiplying by 1/12. Thus, to move from annual back to monthly, use an exponent of 1/12. Here are a few examples of converting growth rates using exponents.]]> 2022-02-17 13:51:35 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053219585 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053219721 2022-02-17 13:51:39 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053219721 hrodriguez80 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053226669 (1 + Growth Rate)^ (1/12)-1]]> 2022-02-17 13:54:36 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053226669 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053234531 To convert annual growth rate to monthly growth rate to divide by 12. To then move the annual back to monthly. By using an exponent of 1/12. ]]> 2022-02-17 13:57:39 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053234531 ttellis1 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053234682 use an exponent of 1/12]]> 2022-02-17 13:57:44 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053234682 amaldonado202 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053237611 Multiply the annual rate by 1/12 to convert to monthly rate ]]> 2022-02-17 13:58:37 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053237611 https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053636566 I would convert annual growth rate to monthly growth rate by multiplying by 1/2.]]> 2022-02-17 16:52:15 UTC https://padlet.com/felixmariano2/m2y67pg1edbneuu3/wish/2053636566