Answer:
(a) The future value after 9 years is $7142.49.
(b) The effective rate is 
.
(c) The time to reach $13,000 is 21.88 years.
Step-by-step explanation:
The definition of Continuous Compounding is
If a deposit of 
dollars is invested at a rate of interest 
compounded continuously for 
years, the compound amount is
(a) From the information given
Applying the above formula we get that
The future value after 9 years is $7142.49.
(b) The effective rate is given by
Therefore,
(c) To find the time to reach $13,000, we must solve the equation
1. First find the LCD of the two fractions.
They share the denominator 6.
Turn 1/2 into a fraction with a denominator of 6.
2*3=6, so 1*3=3
3/6
Now add.
Leave denominators alone, but add numerators.
3+5=8
8/6
Now simplify.
Divide both by 2.
8/2=4
6/2=3
4/3 is your answer or 1 1/3
2. Multiply straight across.
3*2=6
4*7=28
6/28
Simplify
You get 3/14 as your answer.
Answer:
23
Step-by-step explanation:
-26-(-49)=-26+49=23
Answer:
a = 6
b = 7
Step-by-step explanation:
Since both 36 and 49 are perfect squares, you can find their square roots which are 6 and 7.
To check to see if it is correct, replace the a with 6 and replace the b with 7, then evaluate the exponents.
2.79 / 2 = 1.395 rounds to 1.40 per roll
8.99 / 6 = 1.498 rounds to 1.50 per roll
the better deal (cheapest) is the 2 roll package
** if u want price per roll (price / roll) ...u divide the price by the number of rolls
