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Answer:
Step-by-step explanation:
The slope-intercept form of an equation of a line:
<em>m</em><em> - slope</em>
<em>b</em><em> - y-intercept</em>
The formula of a slope:
We have two points (2, -2) and (4, -1).
Substitute:
Put the value of a slope and the coordinates of the point (2, -2) to the equation of a line:
<em>subtract 1 from both sides</em>
Finally:
Answer:
Step-by-step explanation:
we know that
The formula to calculate continuously compounded interest is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
e is the mathematical constant number
we have
substitute in the formula above
solve for t
simplify
Apply ln both sides
Applying property of exponents
Remember that ln(e) =1