Guided Noteboo Kin GED10 2 (Mathe Matics in The Modern World)

Guided
Noteboo
k in
GED10
Task List
2
W e e k 6 l e s s
Lesson 7 considers mathematical modelling using
(Mathe the concept of functions. Lesson 8 focuses on the

systematic approach of discrete models through
combinatorial approaches. Lastly, Lesson 9 presents
application opportunities in the field of financial
matics
management through the concepts of annuity,
stocks, bonds and mutual funds.
Keep track of your progress in this lesson by
(5
in the checking the number corresponding to each task.
points)
✓ 1. Read/Watch Module 2 Lesson 7
Modern
World)
FOURTH QUARTER, SY2020-2021 GED 102 WEEK 6
✓ 4. Answer HW in WebAssign.
✓ 5. Accomplish and submit WGN 9
Lesson 7. Applications of Functions
Highlights
A. Give the definition of linear and quadratic function in terms of formula and
geometric meaning. (8 points)
Linear Function: 𝑓 𝑥 = 𝑚𝑥 + 𝑏. A linear function is graphed by taking 2 points, plot
them in rectangular coordinate, then connect with a straight line. Linear equation
has
an exponent of one.
2
Quadratic Function: 𝑓 𝑥 = 𝑎𝑥 + 𝑏𝑥 + 𝑐 , 𝑎 ≠ 0. The graph of a quadratic function is
a parabola that opens either upward or downward. Quadratic equation has an
equation that equals to two.
B. Define exponential function and give its practical significance. (6 points)
- The exponential function with base 𝑏 is defined by 𝑓(𝑥) = 𝑏x, where 𝑏 > 0, 𝑏 ≠ 1,
and
𝑥 is any real number. Exponential function will consider constant base and a
variable
exponent. Exponential function can be used in order to measure decay or growth.
C. Define logarithmic function and give its practical significance. (6 points)
- Logarithmic function is based from exponential function. It is basically the inverse
the exponential function. Logarithmic function can be used to solve and explore the
properties of exponential functions.
Lesson 8. COMBINATORICS AND PROBABILITY
Highlights
A. What is Combinatorics? (5 points)
- Combinatorics is about counting the number of ways an event may occur. For
instance, you want to know on how many possible arrangements of 5 men sit in a
circle? That would be 24 arrangements.

B. State the Multiplication Rule of Counting. (5 points)
- The multiplication rule states that you should multiply the number of outcomes in
together to get the total number of outcomes.
C. State the Addition Rule of Counting. (5 points)
- The addition rule states that the probability of two events is the sum of the
probability that events will happen minus the probability both will happen.
D. Describe the 2 approaches of defining probability. (10 points)
Classical approach - method is used when an n outcomes will be the same for each
or it has the same probability of occurring this is describe by 1/n.
Subjective approach – is a method that uses personal judgment or experience

about the probability of the outcome. It contains no formal calculations.
Lesson 9. Financial Mathematics
Highlights
A. Explain the difference between simple and compound interest. (6 points)
- The difference between simple and compound interest is the amount of money
that
will be accumulated in the end of a period. Simple interest is based on the principal
amount of a loan or deposit. In contrast, compound interest is based on the

principal
amount and the interest that accumulates on it in every period.

B. What is an annuity? (6 points)
- Annuity is an insurance a specified income that you receive after you retire. These
are insurance contracts that promises to pay you a regular income immediately or
in
the future.
C. What is Finance Charge? When is it applied? (6 points)
- A finance change is the amount of interest paid by the customer who purchases
product items using a credit card. This is applied to credit card balances that are
not
paid before the grace period.
D. Give a precise and concise definition of the following: (12 points)

1. Stocks - Stocks is a financial instrument. It is the capital raised by a business
or corporation through the issue and subscription of shares.
2. Bonds - Bonds is also a financial instrument that represents a loan made by

an investor to a borrower. These are units of corporate debt issued by
companies and securitized stradable assets.
3. Mutual Funds - These is a professionally managed investment scheme,

usually run by an asset management company that brings together a group
of people and invests their money in stocks, bonds and other securities.

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Guided

(Mathe the concept of functions. Lesson 8 focuses on the

Keep track of your progress in this lesson by

✓ 1. Read/Watch Module 2 Lesson 7

✓ 2. Read/Watch Module 2 Lesson 8

✓ 3. Read/Watch Module 2 Lesson 9

✓ 5. Accomplish and submit WGN 9

Lesson 7. Applications of Functions

Linear Function: 𝑓 𝑥 = 𝑚𝑥 + 𝑏. A linear function is graphed by taking 2 points, plot

a parabola that opens either upward or downward. Quadratic equation has an

equation that equals to two.

B. Define exponential function and give its practical significance. (6 points)

exponent. Exponential function can be used in order to measure decay or growth.

C. Define logarithmic function and give its practical significance. (6 points)

- Logarithmic function is based from exponential function. It is basically the inverse

properties of exponential functions.

Lesson 8. COMBINATORICS AND PROBABILITY

A. What is Combinatorics? (5 points)

circle? That would be 24 arrangements.

B. State the Multiplication Rule of Counting. (5 points)

together to get the total number of outcomes.

C. State the Addition Rule of Counting. (5 points)

D. Describe the 2 approaches of defining probability. (10 points)

or it has the same probability of occurring this is describe by 1/n.

Subjective approach – is a method that uses personal judgment or experience

Lesson 9. Financial Mathematics

A. Explain the difference between simple and compound interest. (6 points)

amount of a loan or deposit. In contrast, compound interest is based on the

amount and the interest that accumulates on it in every period.

B. What is an annuity? (6 points)

C. What is Finance Charge? When is it applied? (6 points)

paid before the grace period.

D. Give a precise and concise definition of the following: (12 points)

2. Bonds - Bonds is also a financial instrument that represents a loan made by

3. Mutual Funds - These is a professionally managed investment scheme,

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