Newton?s Method Test Questions Multiple Choice 1. Using Newton?s Method, evaluate to the 5th exact decimal. Show your work. A. 8.46515 B. 2.10154 C. 8.56511 D. 2.09715 2. Find starting with = 1, find the fourth approximation to the sixth decimal place. A. 3.847535 B. 1.820564 C. 3.096281? D. 3.215625 Free Response 3. A car dealer sells a new car for $18,000. He also offers to sell the same car for payments of $450 per month for four years. What monthly interest rate is this dealer charging? The formula for the present value is given by A = [1-]. Use Newton?s Method to solve this equation and show your work. (Hint: A = $18,000, R = $450, n = 48 & replace i with x). Interest rate 0.7701% Monthly

# homework

Newton?s Method Test Questions Multiple Choice 1. Using Newton?s Method, evaluate to the 5th exact decimal. Show your work. A. 8.46515 B. 2.10154 C. 8.56511 D. 2.09715 2. Find starting with = 1, find the fourth approximation to the sixth decimal place. A. 3.847535 B. 1.820564 C. 3.096281? D. 3.215625 Free Response 3. A car dealer sells a new car for $18,000. He also offers to sell the same car for payments of $450 per month for four years. What monthly interest rate is this dealer charging? The formula for the present value is given by A = [1-]. Use Newton?s Method to solve this equation and show your work. (Hint: A = $18,000, R = $450, n = 48 & replace i with x). Interest rate 0.7701% Monthly

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