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1 year ago

13

Dale has $1,000 to invest. He has a goal to have $2,600 in this investment in 8 years. At what annual rate compounded continuous

ly will Dale reach his goal?

1 answer:

ValentinkaMS [17]1 year ago

4 0

Answer:

11.94 %

Step-by-step explanation:

Compound interest formula FV = PV e^(it) i = decimal interest per year

t = time FV = future value

2600 = 1000e^(i * 8)

solve for i = 11.94 %

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3 years ago

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Answer:

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Step-by-step explanation:

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2 years ago

Levi bought 14 chicken wings for $22.40 how much would it cost for 12 wings

777dan777 [17]

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Step-by-step explanation:

We can use ratios to solve

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3 years ago

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Use a trigonometric function to find each value of x. Round to the nearest tenth if necessary.

Ulleksa [173]

Answer:

4.0

Step-by-step explanation:

Using trig identity Tangent, tangent is equal to opposite / adjacent side. Therefore tan30 = x/7, because x is the side opposite to 30 degrees and it is adjacent to 7, (note: adjacent side is never the hypotenuse)

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2 years ago