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


4(-b-4)
Hope this helped :)
Answer:
15 takis and 10 cheetos
Step-by-step explanation:
($15x10=$150) + ($40x15=$600) = $750
We know: The sum of the measures of the angles of a triangle is equal 180°.
We have: m∠A =65°, m∠B = (3x - 10)° and m∠C = (2x)°.
The equation:
65 + (3x - 10) + 2x = 180
(3x + 2x) + (65 - 10) = 180
5x + 55 = 180 <em>subtract 55 from both sides</em>
5x = 125 <em>divide both sides by 5</em>
x = 25
m∠B = (3x - 10)° → m∠B = (3 · 25 - 10)° = (75 - 10)° = 65°
m∠C = (2x)° → m∠C = (2 · 25)° = 50°
<h3>Answer: x = 25, m∠B = 65°, m∠C = 50°</h3>