Answer:
(a) The future value after 9 years is $7142.49.
(b) The effective rate is 
.
(c) The time to reach $13,000 is 21.88 years.
Step-by-step explanation:
The definition of Continuous Compounding is
If a deposit of 
dollars is invested at a rate of interest 
compounded continuously for 
years, the compound amount is
(a) From the information given
Applying the above formula we get that
The future value after 9 years is $7142.49.
(b) The effective rate is given by
Therefore,
(c) To find the time to reach $13,000, we must solve the equation
since 17 is a prime number and 26 is not a multiple of 17
17/26 is in simplest form
Answer: No
Step-by-step explanation: the ratio 3:6 reduces to one half
the ratio 6:3 reduces to 2 because division cannot be interchangeable
Answer:
40%
Step-by-step explanation:
The whole rectangle is split into 5 parts. Two out of 5 parts are shaded.
Set up a fraction:
Convert into a decimal:
Multiply the decimal by 100 to get the percent:
So, forty percent of the rectangle is shaded.
Hope this helps.
Multiplying an odd number of negative factors equals a negative
-5* 2n -1
Calculate the product
the answer is -10n - 1
