Answer:
Step-by-step explanation:
we know that
The formula to calculate continuously compounded interest is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
e is the mathematical constant number
we have
substitute in the formula above
solve for t
simplify
Apply ln both sides
![ln(2)=ln[(e)^{0.036t}]](https://tex.z-dn.net/?f=ln%282%29%3Dln%5B%28e%29%5E%7B0.036t%7D%5D)
Applying property of exponents
![ln(2)=[0.036t]ln(e)](https://tex.z-dn.net/?f=ln%282%29%3D%5B0.036t%5Dln%28e%29)
Remember that ln(e) =1
![ln(2)=[0.036t]](https://tex.z-dn.net/?f=ln%282%29%3D%5B0.036t%5D)
![t=ln(2)/[0.036]](https://tex.z-dn.net/?f=t%3Dln%282%29%2F%5B0.036%5D)
Answer:
3150
Step-by-step explanation:
2325/155,000 = 0.015 = 1.5%
210,000 x 1.5% = 210,000 x 0.015 = 3150
Answer:
B
Step-by-step explanation:
Answer:
17,500,000 people
Step-by-step explanation:
70% can be rewritten as 0.7 time 25 million
0.7*25,000,000 = 17,500,000
Answer: 15 yards
Step-by-step explanation:
From the question, we are given the information that Lucia has 18 pieces of ribbon that she uses to decorate presents and that the length of one ribbon is 5/6 of a yard.
Therefore, the number of yards of ribbon that Lucia has will be gotten by multiplying 5/6 by the total pieces of ribbon. This will be:
= 5/6 × 18
= 15 yards
