4 years ago

Which decimal represents 3/5

2 answers:

8 0

The fraction ' 3/5 ' means "three divided by 5" .
When you perform the division, the quotient is 0.6 .
That's the decimal form of the fraction.

olga_2 [115]4 years ago

8 0

.6--because 3 divided by 5 is .6

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Answer:

20 years

Step-by-step explanation:

<u>Continuous Compounding Formula</u>

$\large \text{$ \sf A=Pe^{rt} $}$

where:

A = Final amount
P = Principal amount
e = Euler's number (constant)
r = annual interest rate (in decimal form)
t = time (in years)

Given:

A = $10,000
P = $5,000
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Substitute the given values into the formula and solve for t:

$\sf \implies 10000=5000e^{0.035t}$

$\sf \implies \dfrac{10000}{5000}=e^{0.035t}$

$\sf \implies 2=e^{0.035t}$

$\sf \implies \ln 2=\ln e^{0.035t}$

$\sf \implies \ln 2=0.035t\ln e$

$\sf \implies \ln 2=0.035t(1)$

$\sf \implies \ln 2=0.035t$

$\sf \implies t=\dfrac{\ln 2}{0.035}$

$\implies \sf t=19.80420516...$

Therefore, it will take 20 years (to the nearest year) for the initial investment to double.

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The person at the top is correct.

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Step-by-step explanation:

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