Answer:
$14.39
Step-by-step explanation:
The formula for continuous compounding of interest is:
A = Pe^(rt), were P is the initial dollar amount, A is the final amount, r is the interest rate as a decimal fraction, and t is the time in years.
Here we have $2109 = $500e^(10r) and need to solve for r.
To do this, take the natural log of both sides, obtaining:
ln 2109 = ln 500+ 10r.
Then 10r = ln 2109 - ln 500, and
ln 2109 - ln 500
r = --------------------------------------------
10
= .1439
The interest rate was 14.39%.
This is a good answer right here ^
Associative an example of this property is 3x4x6=4x3x6
Answer:
Multiply 6 by −3.
−18
Step-by-step explanation:
Hope it is helpful.....
Answer:
Step-by-step explanation:
Four more than zero, and Positive four because four above zero is saying that its a positive number. (positive numbers are always greater than zero) so it would be positive four, and Four more than zero.