Answer the questions below
2 answers:
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Answer: 13.29%
Step-by-step explanation:
The formula to calculate the compound amount (compounded continuously) is given by :-
, where P is the principal amount , r is the rate of interest ( in decimal) and t is the time period.
Given : P= $ 35,000 , A= $257,000 and t=15 years
To find : r , we substitute all the values in the above formula , we get
Taking natural log on both the sides , we get
Hence, the annual interest rate = 13.29%
We have been given that the number of species of coastal dune plants in Australia decreases as the latitude, in °s, increases.
Further we know that there are 34 species at 11°s and 26 species at 44°s.
We can express the given information at two ordered pairs as shown below:
Let us find slope of the line through these points:
Therefore, we can write the equation of line in slope intercept form as:
Where b is the y intercept, and we can find its value using one of the two points.
Therefore, the required equation of the linear function is: