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Iteru [2.4K]
3 years ago
8

95% of 120 games played

Mathematics
1 answer:
iren [92.7K]3 years ago
7 0
Since 5% of 120 is the same as 1/20 then we can figure out that 5% is 6. Then divide 95 by 5 to get 19. Finally multiply 19*6 to get 114 <span />
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Determine the time necessary for P dollars to double when it is invested at interest rate r compounded annually, monthly, daily,
Rudik [331]

Answer:

Part 1) 8.17 years

Part 2) 4.98 years

Part 3) 4.95 years

Part 4) 4.95 years

Step-by-step explanation:

we know that    

The compound interest formula is equal to  

A=P(1+\frac{r}{n})^{nt}  

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  

n is the number of times interest is compounded per year

Part 1) Determine the time necessary for P dollars to double when it is invested at interest rate r=14% compounded annually

in this problem we have  

t=?\ years\\ P=\$p\\A=\$2p\\r=14\%=14/100=0.14\\n=1  

substitute in the formula above  

2p=p(1+\frac{0.14}{1})^{t}  

2=(1.14)^{t}  

Apply log both sides

log(2)=log[(1.14)^{t}]  

log(2)=(t)log(1.14)  

t=log(2)/log(1.14)  

t=8.17\ years

Part 2) Determine the time necessary for P dollars to double when it is invested at interest rate r=14% compounded monthly

in this problem we have      

t=?\ years\\ P=\$p\\A=\$2p\\r=14\%=14/100=0.14\\n=12  

substitute in the formula above  

2p=p(1+\frac{0.14}{12})^{12t}  

2=(\frac{12.14}{12})^{12t}  

Apply log both sides

log(2)=log[(\frac{12.14}{12})^{12t}]  

log(2)=(12t)log(\frac{12.14}{12})  

t=log(2)/12log(\frac{12.14}{12})  

t=4.98\ years

Part 3) Determine the time necessary for P dollars to double when it is invested at interest rate r=14% compounded daily

in this problem we have  

t=?\ years\\ P=\$p\\A=\$2p\\r=14\%=14/100=0.14\\n=365  

substitute in the formula above  

2p=p(1+\frac{0.14}{365})^{365t}  

2=(\frac{365.14}{365})^{365t}  

Apply log both sides

log(2)=log[(\frac{365.14}{365})^{365t}]  

log(2)=(365t)log(\frac{365.14}{365})  

t=log(2)/365log(\frac{365.14}{365})  

t=4.95\ years

Part 4) Determine the time necessary for P dollars to double when it is invested at interest rate r=14% continuously

we know that

The formula to calculate continuously compounded interest is equal to

A=P(e)^{rt}  

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  

t=?\ years\\ P=\$p\\A=\$2p\\r=14\%=14/100=0.14  

substitute in the formula above  

2p=p(e)^{0.14t}  

Simplify

2=(e)^{0.14t}  

Apply ln both sides

ln(2)=ln[(e)^{0.14t}]  

ln(2)=(0.14t)ln(e)  

Remember that ln(e)=1

ln(2)=(0.14t)  

t=ln(2)/(0.14)  

t=4.95\ years

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Answer:

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Step-by-step explanation:

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Answer:

When you find the volume of the cylinder you square instead which isn't equal to multiplying so the answer will be more then doubled.

Step-by-step explanation:

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Answer:

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