(A) If $200 is borrowed and the interest after 24 months is $60, what is the annual interest rate for a simple interest loan? (B) Charlie wants to buy a $100 TV in 3 months. How much should he invest now at 12% simple interest to have the money in 3 months?

dredyue 2022-08-05 Answered
(A) If $200 is borrowed and the interest after 24 months is $60, what is the annual interest rate for a simple interest loan?
(B) Charlie wants to buy a $100 TV in 3 months. How much should he invest now at 12% simple interest to have the money in 3 months?
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Answers (1)

Kaitlynn Church
Answered 2022-08-06 Author has 19 answers
A) SI = p*n*r / 100
60 = 200*(24/12)*r / 100
r = 15%
B) A = p( 1 + n*r/100 )
100 = p( 1 + (3/12)*12 / 100 )
p = 97.09$

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New questions

Question on designing a state observer for discrete time system
I came through this problem while studying for an exam in control systems:
Consider the following discrete time system
x ( k + 1 ) = A x ( k ) + b u ( k ) , y ( k ) = c x ( k )
where b = ( 0 , 1 ) T , c = ( 1 , 0 ) , A = [ 2 1 0 g ] for some g R
Find a feedback regulation (if there is any) of the form u ( k ) = K x ^ ( k ) where x ^ ( k ) is the country estimation vector that is produced via a linear complete-order state observer such that the nation of the system and the estimation blunders e ( k ) = x ( k ) x ^ ( k ) go to zero after a few finite time. layout the kingdom observer and the block diagram.
My method
it is clean that the eigenvalues of the machine are λ 1 = 2 , λ 2 = g (consequently it is not BIBO solid) and that the pair (A,b) is controllable for every fee of g, as nicely a the pair (A,c) is observable for all values of g. consequently we will shift the eigenvalues with the aid of deciding on a benefit matrix okay such that our device is strong, i.e. it has its eigenvalues inside the unit circle | z | = 1.
The state observer equation is
[ x ( k + 1 ) e ( k + 1 ) ] T = [ A b K B k O A L C ] [ x ( k ) e ( k ) ] T
With characteristic equation
χ ( z ) = | z I A + b K | | z I A + L C | = χ K ( z ) χ L ( z )
Also consider
K = [ k 1 k 2 k 3 k 4 ]
and let a = k 1 + k 3 , β = k 2 + k 4
Then χ K ( z ) = ( z 2 ) ( z + g + β ) + a.
So we can select some eigenvalues inside the unit circle and determine a , β in terms of g. Choosing e.g. λ 1 , 2 = ± 1 / 2 we get a = 3 g + 33 / 8 , β = 9 / 4 g , g R
Questions
I want to ask the following:
Is my approach correct? Should I select the eigenvalues myself since I am asked to design the observer or should I just solve the characteristic equation and impose | λ 1 , 2 | < 1?
Should I determine L matrix as well since the error must also vanish? (because it is not asked)