To get the Y values use the equation Y = MX and substitute the X and M values So for the first one you would get Y = -3 x -1 leaving Y as 3 then for the second you do Y = -3 x 0 giving you Y = 0 the third would be Y = -3 x 1 so Y would be -3 and you give the last one a shot >.O best of luck!
B is one of them, i'm not sure how any of the other answers are equivalent to 20% of 45 which is 8.
Answer:
<u>its D</u>
Step-by-step explanation:
Answer:
It'll take 38.3 years to obtain the desired return of $25,000.
Step-by-step explanation:
In order to solve a continuosly coumponded interest question we need to apply the correct formula that is given bellow:
M = C*e^(r*t)
Where M is the final value, C is the initial value, r is the interest rate and t is the time at which the money was applied. Since he wants an return of $25,000 his final value must be the sum of the initial value with the desired return. So we have:
(25000 + 8000) = 8000*e^(0.037*t)
33000 = 8000*e^(0.037*t)
e^(0.037*t) = 33000/8000
e^(0.037*t) = 4.125
ln[e^(0.037*t)] = ln(4.125)
t = ln(4.125)/(0.037)
t = 1.4171/0.037 = 38.2991
t = 38.3 years
