The solutions are
a. 10000 = 9359.08e(0.05)
e⁰⁰⁵ = 10000/9359.08
= 0.05 = ln(10000/9359.08)
= 1.325 years
convert to months = 15.9 months
Hence it is going to take 15.9 months to raise 10000 dollars
b. 9359.08 x e^(0.05 x1.25)
= 9962.69
10000 - 9962.69
= $37.31
You will have $37.31 after you have bought the car
c. The money loss and the deficit would be same as above $37.31
d. ln(e^a) = a
We can clearly see that the money cannot be raised in the 15 months from $ 9359.08. there is a deficit amount of $37.31
Read more on compound interest here: brainly.com/question/24924853
#SPJ1
Answer:
i honestly dk but need help
Step-by-step explanation:
ls
please give me brainlest
Multiples of 15 are: 15,30,45,60,75,90,105,120,135,150,165,180,195,210,225,240,255,270,285,300,315,330,345,360,375,390,405,420,435,450,465,480,495,510,525,540,555,570,585,600,615,630,645,660,675,690,705,720,735,