After traveling 70% m in its dive, the submarine is at a depth of 25 m. What will the submarine's depth be if it continues its d
1 answer:
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Answer:
It will be $506.876 more.
Step-by-step explanation:
The equation for continuously compounded interest is given by
.......... (1)
where, A is the final amount, P is the principal amount, r is the annual interest rate and t is the number of years.
Now, in our case, P = $500, r = 7% i.e 0.07 and t = 10 years.
Then, from equation (1),
dollars
Therefore, the interest will be (A - P) = $(1006.876 - 500) = $506.876. (Answer)
Answer:
entrance fee: $8
cost of each ride: $3
