Answer:
Dale would reach his goal with an annual interest rate of 6.18%.
Step-by-step explanation:
For compounding continuously, recall the following equation:
A = final amount ($4200)
P = principal amount ($2000)
r = rate (unknown)
t = time (12 years).
You'll have to use natural logs for these types of questions. Remember that ln (e) = 1.
See the work done in the attached file.
Hope this helps!
The equation of constant of proportionality will be y = 2.5x.
Given A 2-column table with 3 rows. Column 1 has entries 2, 4, 5. Column 2 has entries 5, 10, 12.5.
Equation of two variables look like ax+by=c. It can be a linear equation,quadratic equation,cubic equation.
Equation from two points can be found out by putting the values of points in the formula given below:
in which
are the end points of the line.
Equation of constant proportionality looks like:
k=y/x
in which k is slope which is to be find out according to the same formula as we find in the equation of line.
Slope from (2,5),(4,10) is (10-5/4-2)
=5/2
=2.5
Put the value of k=2.5 in formula of slope.
2.5=y/x
2.5x=y
y=2.5x.
Hence the equation of constant of proportionality is y=2.5x.
Learn more about equation at brainly.com/question/2972832
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