Answer:
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Answer:
Step-by-step explanation:
<u>Given</u>
- Investment P₀ = $8300
- Interest rate r = 6.6%
- Compound = continuous
- Time t=14 years
- P = ?
<u>Formula for continuous compound interest:</u>
- P = P₀e
^rt, where e = 2.71828, constant used for continuous interest
- P = 8300*(2.71828)^(14*0.066)
- P = $20910.57 = $20911 rounded to the nearest dollar
The total percentage of the equation is 1,597.72
Answer:
In order to calculate the median, the data must first be ranked (sorted in ascending order). The median is the number in the middle. Median = the middle value of a set of ordered data.
Step-by-step explanation:
Step-by-step explanation:
x = -2
x = -8
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