question: An investment of $100 is now valued at $149.18 the interest rate is 8% per year, compounded continuously about how long has the money been invested
Answer:
5.2 years
Step-by-step explanation:
Applying
A = P(1+R/100)ⁿ.......................... Equation 1
Where A = amount, P = principle, R = rate, n = time.
From the question,
Given: A = $149.18, P = $100, R = 8%
Substitute these values into equation 1 and solve for n
149.18 = 100(1+8/100)ⁿ
149.18/100 = (1+8/100)ⁿ
1.4918 = (1+0.08)ⁿ
1.4918 = (1.08)ⁿ
Taking the Logarithm of both side
Log(1.4918) = Log(1.08)ⁿ
Log(1.4918) = nLog(1.08)
n = Log(1.4918)/Log(1.08)
n = 0.1737/0.0334
n = 5.2 years.
y and x are the coordinate on the graph.
m is the slope.
b is the y-intercept.
Answer:
31.41
Step-by-step explanation:
<h2><u><em>
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Answer:
4
Step-by-step explanation:
To answer this question let us first define what a rational and irrational number is. A rational number is basically a number whose decimals are terminating (ie have an end) or repeating (continuously repeats the same pattern.
An example of this from your question would be
5.3 - terminating rational number
5.333333333333..... - repeating rational number
Irrational numbers are basically numbers whose decimals are non terminating and non repeating.
An example would be the square root of 29. When plugged in a calculator this would result in <span>5.3851648071.....
</span>This number goes on and on with no set pattern.