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ludmilkaskok [199]
3 years ago
10

1. Suppose you invest $1000 at an annual interest rate of 4% compounded continuously. How much will you

Mathematics
1 answer:
BlackZzzverrR [31]3 years ago
4 0
You take the 4% and multiply that by eight then you get 0.32 and you multiply that by 1000 and you get 320.00
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You open a savings account and deposit $1,000. After 1 year of earning continuously compounded interest.
Alenkinab [10]

Answer:

Step-by-step explanation:

1036.66=1000e^{2r}\\ \\ r=(ln(1.03666))/2\\ \\ r=0.018\\ \\ b(x)=1000e^{(0.018x)}\\ \\ b(10)=1000e^{0.18}=\$ 1197.22

3 0
2 years ago
Question 4 i need help on!!
MrMuchimi

Answer:

C  20

Step-by-step explanation:

Set up equations:

Laguna's Truck Rentals

y = 2x + 20

Where x is the number of miles driven and y is the total price

<em>How did we get to this equation?</em>

Well, the company charges $2 for every mile driven. Therefore, by multiplying 2 and x, you will find the price paid per mile. The 20 (which represents $20) is the one-time payment you pay for simply using the service.

Salvatori's Truck Rentals

y = 3x

Where x is the number of miles driven and y is the total price

<em>How did we get to this equation?</em>

For this company, you only pay for how many miles you drive. There isn't a one-time payment like there is for Laguna's Truck Rentals. Therefore, you only need to multiply the price per mile ($3) by the number of miles driven (x).

Set the equations equal to each other:

2x + 20 = 3x

<em>Why would you do this?</em>

We need to set the equations equal to each other because we need to find the point at which the prices are the same. When two things are the same, they are equal. Therefore, we get rid of the y variable (which represents the total price) because we want to find the value of x when the equations are equal to one another.

Solve:

2x + 20 = 3x

Subtract 2x on both sides:

2x + 20 = 3x

-2x           -2x

20 = x

When x is equal to 20, or when the number of miles driven is 20, the total price of the Truck Rental services is the same.

Hope this helps :)

4 0
3 years ago
The teacher has 11 apples and seven oranges. Does he have more apples or oranges? How much more
Drupady [299]
Ok well since it said “how much more we subtract 11-7=4
6 0
2 years ago
Log5 4+log5 2x=log5 24
I am Lyosha [343]
Ggffghhghhjjjhhjghj
3 0
3 years ago
Juli went mining and found a large metal bar that weighed 20 kilos. After doing some analysis of the
masha68 [24]

Answer:

8 kilos of it is gold, since 2/5 in decimal form is 0.40

12 kilos of it is copper.

Step-by-step explanation:

Multiply 20 times 0.40, you get 8, so 8 kilos of it is gold, while 12 kilos is copper.

T^T

8 0
3 years ago
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