Answer:
5.93 years
Step-by-step explanation:
The continuous compounding formula tells you the amount after t years will be ...
A = Pe^(rt) . . . . principal P compounded continuously at annual rate r for t years
7400 = 5500e^(0.05t)
ln(7400/5500) = 0.05t . . . . divide by 5500, take natural logs
t = 20×ln(74/55) ≈ 5.93
It will take about 5.93 years for $5500 to grow to $7400.
When you divide something by 10, yo move the decimal place one place to the left so exg
20.0/10=2.0
so divide by 1000 means move the decimal place 3 places to the left so if you had 20,000.0/1000=20.0 so
6.82/1000=0.00682
You'll have to move the decimal point<span> to the right as many </span>places<span> as there are zeros in the factor,then you'll have to m</span>ove the decimal point<span> one step to the right (10 has one zero),and m</span>ove the decimal point<span> two steps to the right (100 has two zeros).</span>
They are integers that follow one right after another. For example the set {1,2,3,4,5} represents consecutive numbers. Another example would be {9,10,11,12,13}
In general, if x is some integer, then x+1 is the next integer right after x, and x+2 is right after x+1 and so on. The list is {x, x+1, x+2, x+3, ...} representing any general set of consecutive numbers.
