Answer:
It will take an interest rate of 8.1% to get 150% of the initial investment in just 5 years.
Step-by-step explanation:
Use the formula for continuous compounding
where r stands for the (annual) interest rate, t for time in years, P for the initial principal (investment) and X is the amount after t years.
(this formula can be beautifully derived from just basic considerations, btw)
We are given t=5, and percent increase on the initial P, so we can solve for r
It will take an interest rate of 8.1% to get 150% of the initial investment in just 5 years.
Answer:
Step-by-step explanation:
Let the monthly rent be x.
<u>Then we have:</u>
- x + 0.5x + 0.4x = 3800
- 1.9x = 3800
- x = 3800/1.9
- x = 2000
Monthly rent is $2000
L x W = Area
40 x 15 = 600 square ft
So you would need 6 bags of feed
600/ 100 = 6
It passes through the center of the points. (2)
When doing a line of best fit, you want the line to have equal number of points on either side of the line.