Using continuous compounding, we have:
90000=65452 x e^.091t
1.3750534743017784024934303000672=e^.091t
ln 1.3750534743017784024934303000672=ln e^.091t=.091t ln e=0.091t
t=3.5 years
Hey there!
12/14
• BOTH NUMBERS HAVE THE COMMON FACTOR OF 2, SO WE CAN DIVIDE BOTH THE NUMERATOR (TOP number) FROM THE DENOMINATOR (BOTTOM number)
= 12 ÷ 2 / 14 ÷ 2
= 6/7
= 18/21
Therefore, your answer is: 6/7 or 18/21
Good luck on your assignment and enjoy your day!
~Amphitrite1040:)
Answer:
After 1 year: $306
After 2 years: $312.12
Step-by-step explanation:
Use the formula 300 x 
t = no of years
So, Deposit x interest rat
The first decimal point is tenth. 4.88
when rounding, we just look at the number right after the number you want to round to. it's 8 right? since 8 is closer to 10 than 0,
we round it to 4.9
(4.8 + 0.10)
