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)
The answer is 4.23 the second meteorite wieghts 4.23 pounds
The percent of people of smoke cigarettes is 20.9%..
Answer:
$ 900
Step-by-step explanation:
Simple interest = Principle * Time * Rate / 100
Now by substituting :
27 = Principle * 2 * 1.5 / 100
Principle = 27 * 100 / 2 * 1.5
Principle = 2700 / 3
So Principle = $ 900
Hope it helps
1) he is not reasonable because pounds per feet would mean you would do 7.3/14.6 which is a decimal
hope this helped :)
