With annual compounding, the number of years for 1000 to become 1400 is 6.7 years
With continous compounding, the number of years for 1000 to become 1400 is 1.35 years
<h3>How long would it take $1000 to become $1,400?</h3>
With annual compounding, the formula that would be used is:
(In FV / PV) / r
Where:
- FV = future value
- PV = present value
- r = interest rate
(In 1400 / 1000) / 0.05 = 6.7 years
With continous compounding, the formula that would be used is:
(In 1400 / 1000) / (In e^r)
Where r = interest rate
((In 1400 / 1000) / (In e^0.05) = 1.35 years
To learn more about how to determine the number of years, please check: : brainly.com/question/21841217
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Answer:
B.
Step-by-step explanation:
Since 21 is divided by 3 you might think that it is equivalent but remeber you have to divide by both sides, so if you divide 21 by 7 it works but 28 by seven does not! Hope this helps!
<span><span>n<span>x4/</span></span>5</span>=<span>3/<span>4
</span></span><span><span><span><span>1/5</span><span>n<span>x^4</span></span></span><span><span>x^4/</span>5</span></span>=<span><span>3/4</span><span><span>x^4/</span>5</span></span></span><span>
Answer is n=<span>15/<span>4<span>x<span>4</span></span></span></span></span>
Answer:
66.6%
Step-by-step explanation:
Step one
given
A coat at a store is originally priced at $54.99
The store marks down the price down to $32.99
Required
the percent decrease
Step two:
the percent decrease= change in price/ old price*100
the percent decrease= 54.99-32.99/54.99*100
the percent decrease= 22/ 32.99*100
the percent decrease= 0.666*100
the percent decrease= 66.6%
Answer:
30 cm
Step-by-step explanation:
2 * 15: 5 * 15
30:75
