Answer:
19.8%
Step-by-step explanation:
We have the following formula for continuous compound interest:
A = P * e ^ (i * t)
Where:
A is the final value
P is the initial investment
i is the interest rate in decimal
t is time.
The time can be calculated as follows:
25 - 18 = 7
That is, the time corresponds to 7 years. In addition, A is 20,000 for A and P would be 5,000, we replace:
20000 = 5000 * e ^ (7 * i)
20000/5000 = e ^ (7 * i)
e ^ (7 * i) = 4
ln e ^ (7 * i) = ln 4
7 * i = ln 4
i = (ln 4) / 7
i = 0.198
Which means that the rounded percentage will be 19.8% per year
Let's say the number is 9. 10% of 9 is 0.9. Add that to 9 and you would get 9.9. 10% of 9.9 is 0.99. Subtract and you would get 8.91. Then you could do the rest.
Answer:
The relationship ship equation:
Step-by-step explanation:
Let 'x' be the grams of flour Priya bought
Let Clare bought 'y' grams of flour
As Clare bought 3/8 more than that.
so
y = x + 3/8x
Thus, the relationship ship equation:
Just look at it this way do 8(1) instead of x and graph that on the x axis
then do 4(1)instead of y and graph on the y axis then figure out which numbers you need to keep inputting until you reach 56 on the graph.
