Answer:
(a) The future value after 9 years is $7142.49.
(b) The effective rate is
.
(c) The time to reach $13,000 is 21.88 years.
Step-by-step explanation:
The definition of Continuous Compounding is
If a deposit of
dollars is invested at a rate of interest
compounded continuously for
years, the compound amount is

(a) From the information given



Applying the above formula we get that

The future value after 9 years is $7142.49.
(b) The effective rate is given by

Therefore,

(c) To find the time to reach $13,000, we must solve the equation


Answer:
~183.78
Step-by-step explanation:
A = pi 9² ≈254.47
260/360=13/18
254.47/18×13≈183.78
Answer:
B. 0.268
Step-by-step explanation:
if there are more than half boys then girls it as t be und .5 since that's half and .018 is to low
Step-by-step explanation:
Given

Hope it will help :)