Based on the interest rate and continuous compounding, the investment would double in value after 18.5 years.
We have given that,
investment to double at a 3 3/4% interest rate,
<h3>When will the investment double in value?</h3>
The future value using continuous compounding is:
= Amount x e ^ (rate x time)
Interest is
= 3.75%
<h3>What is the formula of an exponential function?</h3>
2 = e ^ (0.0375 x time)
In2 = 0.0375 x time
t = In2 / 0.0375
t= 18.5 years
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Answer:
Step-by-step explanation:
Area of the Velocity-Time graph gives the displacement of the motion .
Answer:
67th percentile
Step-by-step explanation:
If the mean is 8 with a standard deviation of 1.5, the percentile rank of a shoe with at least a size of 9 is 66.6 repeating, or 67th if rounded.
<span>Price of the dishwashers on sale are represented with the function: p ( d ) = 0.75 d ( 100 % - 25 % = 75 % or 0.75 d ): After that we have additional 14 % on the discounted price ( 100 % + 14 % = 114 % OR 1.14 ): C ( P ) = 1.14 P. Finally, c ( p ( d ) ) = 1.14 * 0.75 d = 0.855 d. Answer: C ) c [ p ( d ) ] = 0.855 d Hope I helped! :) Cheers!</span>
