See the photo attached for the answers
Answer:
8 times 5
Step-by-step explanation:
Hope this helps
Answer:
FV= 5,958.67 = 5,959
Step-by-step explanation:
Giving the following information:
Current population (Present Value)= 3,810
Growth rate (g)= 3.5% annual
Number of periods (n)= 13 years
<u>To calculate the future number of people (FV), we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 3,810*(1.035^13)
FV= 5,958.67 = 5,959
Answer:
3
Step-by-step explanation:
25 x 3=75
Answer:
The continuous yearly interest is 22.5% per year.
Step-by-step explanation:
Continuous yearly interest:
Continuous yearly interest is defined as the sum of the interest comes from principle and the interest comes from interest.
The formula for continuous interest yearly is

where A = The final amount =$110,000
P= principle =$4,700
r= rate of interest
t= time (in year)= 14 years


Taking ln both sides



(approx)
The continuous yearly interest is 0.225 = 22.5% per year.