The multiplier for continuous compounding is e^(rt). You want
700,000 = P·e^(0.05·25) ≈ 3.490343P
Then
700,000/3.490343 = P
You should invest $200,553 initially.
Answer:
He worked 37.5 hours.
Step-by-step explanation:
Step 1- Divide.
750÷20= 37.5
So, he worked 37 and a half hours.
