Variance-measurement of how data points differ from mean.
ex. Find the:
[Link]- 5-1=4
[Link]- 3.35
[Link] deviation- 1.83
of the ff. given data (1, 5, 4, 2)
Interest-amount to be paid on the borrowed money or the amount received on the money lent.
Simple Interest-cost of borrowing money without accounting for the effects of compounding
-calculated on the principal or original amount of a loan.
Compound Interest-it referred as “interest on interest”
Annually-1 year Semi Annualy-2 years
ex of simple interest. A town had 10,000 residents in 2000, its population declines at a rate of
10% minimum. What will be its total population in 2005.
P=10,000
I=10%
T=5 years
P(2005)=5,000
Annuity-it is a series of equal payments made at the end of each period over a fixed amount of
time
Credit Card-already have funds
Personal Loan-one lump sum
2 TYPES OF ANNUITY
A. Ordinary Annuity
B. Annuity due
Euler Path- path that goes travel through every edge if a connected graph once & only once and
starts & ends at different vertices.
Euler Circuit-path tyat goes through every edge of a grapg exactly once, a euler path that
begins & ends at the same center.