Answer:
Step-by-step explanation:
we know that
The formula to calculate continuously compounded interest is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
e is the mathematical constant number
we have
substitute in the formula above and solve for t
Simplify
Apply ln both sides
![ln(1.12)=ln[(e)^{0.045t}]](https://tex.z-dn.net/?f=ln%281.12%29%3Dln%5B%28e%29%5E%7B0.045t%7D%5D)
Remember that
so
Answer:
Step-by-step explanation:
14. You would add 41 + 41 + 61 + 61 because you just need to add together all the sides.
15. you need to measure the all the sides for 15 and do the same thing that you did on 14
Answer:
C. E.
Step-by-step explanation:
Answer:
Step-by-step explanation:
Given
Required
Solve graphically
See attachment for graph;
The black shade represents
While the green, represents
Next, determine the intersection points between the two lines
From the attached graph, we have:
<em>Hence, the solution is:</em>
