9514 1404 393
Answer:
- annually: 9.01 years
- monthly: 8.69 years
- daily: 8.67 years
- continuously: 8.66 years
Step-by-step explanation:
For interest compounded in discrete intervals, the formula is ...
A = P(1 +r/n)^(nt)
We want to find t for P=1 and A=2, so we have ...
2 = (1 +r/n)^(nt)
ln(2) = nt·ln(1+r/n)
t = ln(2)/(n·ln(1+r/n))
A table of values for r=0.08 is attached.
__
For continuous compounding, the formula is ...
A = Pe^(rt)
t = ln(A/P)/r = ln(2)/0.08 ≈ 8.66434 . . . . years
__
- annually: 9.01 years
- monthly: 8.69 years
- daily: 8.67 years
- continuously: 8.66 years
A4 means the 4th number
so it is 17
Answer:
x = 22.68
Step-by-step explanation:
82.24 = -8.48 + 4x
82.24 + 8.48 = 4x
4x = 90.72
x = 22.68
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Question
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Split the fraction on the left
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Take away h/5 from both sides
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Change the denominator to be the same
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Put it into single fraction
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Rearrange (This step may not be necessary)
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