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11 – Quality General Mathematics
1. There are three options for investing 𝑃 50,000. The first earns 8% compounded semi-annually, the
second earns 8% compounded monthly, and the third earns 8% compounded continuously. Which
investment yields the highest return after 20 years?
3. Radioactive gold 198, used in imaging the structure of the liver, has a half-life of 2.67 days. If we
start with 50𝑚𝑔 of the isotope, how many milligrams will be left after: (a) 3 days? (b) 2 weeks?
3. A certain type of bacteria increases according to the model 𝑃(𝑡) = 100𝑒0.1279𝑡 where 𝑡 is the time
in hours. Find the number of bacteria at (a) 0 hours, (b) 5 hours, and (c) 10 hours.