Math Project Matrix

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    Math Project Matrix - Presentation Transcript

    1. Problems
      • A soccer club has 22 players, including C.Ronaldo and Fredinand.
      Ronaldo Ferdinand
      • One day, the coach has to choose 12 players from 22 players to participate in the league.
      Whoa! We MUST win this little thing !!!
      • What’s the probability that :
      Ronaldo and Ferdinand are both chosen for the team ? You two come here ! Quick ! What ??? YAY !!!
      • In this problem, the coach has to choose 12 players amongst 22 players .
      • In this problem, the coach has to choose 12 players amongst 22 players.
      • So the order doesn’t matter (because we do not really care who the coach will choose first.)
      • In this problem, the coach has to choose 12 players amongst 22 players.
      • So the order doesn’t matter (because we do not really care who the coach will choose first.)
      => We can use the “Choose” formula to solve this problem.
      • In this problem, the coach has to choose 12 players amongst 22 players.
      • FIRST STEP...
      • In this problem, the coach has to choose 12 players amongst 22 players.
      • FIRST STEP...
      Calculate the number of ways to choose 12 players from 22 players
      • The number of ways to choose 12 player from 22 players is presented by this equation :
      • The number of ways to choose 12 player from 22 players is presented by this equation :
      • C
      • The number of ways to choose 12 player from 22 players is presented by this equation :
      • C
      22 22 players of the club
      • The number of ways to choose 12 player from 22 players is presented by this equation :
      • 22 C
      12 Choose 12 players from 22 players
      • The number of ways to choose 12 player from 22 players is presented by this equation :
      • 22 C 12 =
      • The number of ways to choose 12 player from 22 players is presented by this equation :
      • 22 C 12 = 646646
      Ok now we got this : 646646
      • In this problem, the coach has to choose 12 players amongst 22 players.
      SECOND STEP...
      • In this problem, the coach has to choose 12 players amongst 22 players.
      SECOND STEP... Calculate the number of ways to choose both Ronaldo and Ferdinand
      • The number of ways to choose both Ronaldo and Ferdinand is presented by this equation:
      • C
      • The number of ways to choose both Ronaldo and Ferdinand is represented by this equation:
      • C
      2 2 This number represents 2 players (Ronaldo and Ferdinand) Choose 2 players (both Ronaldo and Ferdinand)
      • The number of ways to choose both Ronaldo and Ferdinand is represented by this equation:
      • 2 C 2 . C
      20 The remaining of the team ( after both Ronaldo and Ferdinand are chosen.)
      • The number of ways to choose both Ronaldo and Ferdinand is presented by this equation:
      • 2 C 2 . 20 C
      10 Choose another 10 players from the remaining of the team
      • The number of ways to choose both Ronaldo and Ferdinand is presented by this equation:
      • 2 C 2 . 20 C 10 = 184756
      Now we got this second number : 184756 ways
      • The probability that both Ronaldo and Ferdinand are chosen is represented by this equation :
      2 C 2 . 20 C 10 Number of ways to choose both Ronaldo and Ferdinand P =
      • The probability that both Ronaldo and Ferdinand are chosen is represented by this equation :
      2 C 2 . 20 C 10 22 C 12 Number of ways to choose 12 players from 22 players P = =
      • The probability that both Ronaldo and Ferdinand are chosen is represented by this equation :
      2 C 2 . 20 C 10 22 C 12 P = = 28.57%
    2. The team goes to final and wins the Cup. We won ? Ooh, I’m not surprised.
      • To celebrate, the coach decides to buy a new car …
      Nissan ? Acura ? Dodge ? Chevrolet ?
      • Finally, the coach decided to buy the 2009 Lamborghini Gallardo
      Perfect !!! <3 <3 this …
      • The price of the car is $ 200,000 (taxes added already.)
      • The price of the car is $ 200,000 plus taxes. They had $ 150,000 as the prize for winning the Cup. They need a loan to buy that car.
      $ 150,000
      • The bank charges 7% interest compound monthly and the loan must be repaid in 3 years !!
      I% = 7 N = 3 years
      • Question :
      • Question :
      • Calculate the monthly payment of the team if they decide to loan.
      • Open your calculator and launch the TVM Solver program. Then enter the value in next slide:
      TVM Solver
    3. Step by Step
      • N = 36 (3 years = 36 months)
    4. Step by Step
      • N = 36
      • I% = 7 (The interest rate is 7% )
    5. Step by Step
      • N = 36
      • I% = 7
      • PV = $200,000 – $150,000
      • = $50,000
      The prize money
    6. Step by Step
      • N = 36
      • I% = 7
      • PV = $ 50,000
    7. Step by Step
      • N = 36
      • I% = 7
      • PV = $ 50,000
      • FV = 0 (the loan will be repaid after 3 years)
    8. Step by Step
      • N = 36
      • I% = 7
      • PV = $ 50,000
      • FV = 0
      • P/Y = 12 (pay monthly)
    9. Step by Step
      • N = 36
      • I% = 7
      • PV = $ 50,000
      • FV = 0
      • P/Y = 12
      • C/Y = 12 (compound monthly)
    10. Step by Step
      • N = 36
      • I% = 7
      • PV = $ 50,000
      • FV = 0
      • P/Y = 12
      • C/Y = 12
      And move the cursor to the PMT and press [alpha] [enter] to solve for the monthly payment.
    11. Step by Step
      • N = 36
      • I% = 7
      • PV = $ 50,000
      • FV = 0
      • P/Y = 12
      • C/Y = 12
      • PMT = - $1543.85
    12. Conclusion
      • The monthly payment that the club would pay if they decided to take the loan is :
      $ 1543.85

    + appliedmath40sappliedmath40s, 2 years ago

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