Based on the interest rate and continuous compounding, the investment would double in value after 18.5 years.
We have given that,
investment to double at a 3 3/4% interest rate,
<h3>When will the investment double in value?</h3>
The future value using continuous compounding is:
= Amount x e ^ (rate x time)
Interest is
= 3.75%
<h3>What is the formula of an exponential function?</h3>
2 = e ^ (0.0375 x time)
In2 = 0.0375 x time
t = In2 / 0.0375
t= 18.5 years
To learn more about the compounded continuously visit:
brainly.com/question/16731646.
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Answer:
C ( I think so)
Step-by-step explanation:
I hope this helps a bit.
Answer:
k = 18
Step-by-step explanation:
Given that y varies inversely as x then the equation relating them is
y = 
← k is the constant of variation
To find k use the condition y = 3 when x = 6, that is
3 = 
( multiply both sides by 6 )
18 = k
The constant of variation is k = 18
Answer:
The answer is 42 have a great day.
Step-by-step explanation:
Please mark brainiest.
Answer: Jaleel´s method is correct and the right option is option number D
Step-by-step explanation:
its because 2(x-2)
= 2x-4
note 2 is multiplied with both x and -2!
