2x because its 2 times the price of the book (x)
1.15¹⁰=4.0456, the growth rate, so the increase is 3.0456 or 305%.
If 4·10= 40 then 4·-10 would equal -40 bc a positive times a negative equals a negative.
Hope this helped!!
The correct answer is $1820.
The formula for continuously compounded interest is
A = Pe^(rt), where P is the amount of principal, r is the interest rate expressed as a decimal number, and t is the number of years. Using our information, we have:
A = 950*e^(0.065*10) = 1819.76 ≈ 1820
