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Musya8 [376]
2 years ago
11

Determine, to the nearest tenth of a year, how long it would taken an investment to double at a 3 3/4% interest rate, compounded

continuously
Mathematics
1 answer:
Stella [2.4K]2 years ago
7 0

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

To learn more about the compounded continuously visit:

brainly.com/question/16731646.

#SPJ1

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zubka84 [21]
Well, you can cancel out the b and e, so a/c = f/d.

Then you cancel out a on the left side of the equation by multiplying both sides by 1/a which then gives you c = f/ad.

Hope this helps!
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3 years ago
0.1846 as a fraction
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8 0
3 years ago
just use 5 ounce of lemonade concentrate for every 9 ounce of orange juice (a) find the ratio of number of ounces of orange juic
Maslowich

A) 9 : 5

B) 5( 36/9) which is 20 ounces of lemonade concentrate

7 0
3 years ago
Someone please help me will give brainliest!!!!!
ololo11 [35]
I believe the fastest way to solve this problem is to take any two of the given points and to find the slope and y-intercept of the line connecting those two points.  

Let's choose the 2 given points (-3,16) and (-1,12).
Going from the first point to the second, the increase in x is 2 and the increase in y is actually a decrease:  -4.  Thus, the slope of the line connecting these two points is m = -4/2, or m = -2.

Now use the slope-intercept formula to find the y-intercept, b.

One point on the line is (-3,16), and the slope is m = -2.

Thus, the slope-intercept formula y = mx + b becomes 16 = -2(-3) + b.
Here, b comes out to 10.

So now we have the slope and the y-intercept.  Write the equation:

y = mx + b becomes y=-2x+10.  Which of the four given answer choices is the correct one?
3 0
3 years ago
Can someone help me PLEASE I've been trying to get someone to help me for hours Come on I'm offering 20 points?!?!?!?​
Tom [10]

AND means multiply, so if probability is dependent on two things happening, then we will multiply the individual probabilities together.

1. P(A and 1) = 1/4 x 1/6 = 1/24

2. P(C and 2) = 1/4 x 2/6 = 2/24 = 1/12

3. P(B and 3) = 2/4 x 1/6 = 2/24 = 1/12

4. P(A and 4) = 1/4 x 2/6 = 2/24 = 1/12

5. P(C and 3) = 1/4 x 1/6 = 1/24

6. P(B and 2) = 2/4 x 2/6 = 4/24 = 1/6

7. P(a consonant and an odd #) = 3/4 x 2/6 = 6/24 = 1/4

8. P(a consonant and a prime #) = 3/4 x 3/6 = 9/24 = 3/8

9. P(a vowel and a 5) = 1/4 x 0/6 = 0

10. P(a vowel and a number less than 3) = 1/4 x 3/6 = 3/24 = 1/8

11. P(B and 1) = 2/4 x 1/6 = 2/24 = 1/12

Experimental probability is based on something that has already happened, or data that has already been collected.

12. P(1) = 3/30 = 1/10

13. P(2) = 8/30 = 4/15

14. P(3) = 7/30

15. P(4) = 5/30 = 1/6

16. P(5) = 3/30 = 1/10

17. P(6) = 4/30 = 2/15

Hope this helps!

4 0
2 years ago
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