So your present value is 7750. this is what you have now. they give you the intesrest rate which is 4% and how the amount of year is 5.
recall the formula for a compounded continously is
P×e^(r×t)
the answer is 7750×e^(.04×5)
Answer:
Dog is 2 years old
Step-by-step explanation:
Let dog's age = d
Let friend's age = f
Your dog is 8 years younger than your friend:
d +8 = f
In 2 years, your friend will be three times as old as your dog:
3(d+2) = (f+2)
3d+6 = f+2
3d = f - 4
(sub in f=d+8 from above)
3d = f - 4
3d = d+8 - 4
2d = 4
d = 2
We conclude that the sum of the first 8 terms of the arithmetic sequence is 17/5.
<h3>
How to get the sum of the first 8 terms?</h3>
In an arithmetic sequence, the difference between any two consecutive terms is a constant.
Here we know that:
There are 7 times the common difference between these two values, so if d is the common difference:
Then the sum of the first 8 terms is given by:
So we conclude that the sum of the first 8 terms of the arithmetic sequence is 17/5.
If you want to learn more about arithmetic sequences:
brainly.com/question/6561461
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Since the dog eats 0.1 pounds of food each day for ten days, the equation to solve this is 0.1 times 10.
0.1 *10 = 1
The dog eats 1 pound of food in 10 days.
