Answer:
amount is 1000 ×
$40762.20 balance of Donna's account will be 1 million dollars when she retires in 40 years
rate 14.97 % when Donna's account will have a balance of 1 million dollars in 40 years when principal is $2500
Step-by-step explanation:
principal = $1000
rate = 8 % = 0.08
to find out
the future value, S(t)
principal when Donna's account will be 1 million dollars when she retires in 40 year
at what rate Donna's account will have a balance of 1 million dollars in 40 years
solution
we know compounded continuously formula i.e.
amount = principal ×
..................1
put the value principal and rate in equation 1 to find amount any time
amount = principal ×
amount = 1000 ×
in 2nd part we have time 40 year and amount 1 million so put rate amount and time in equation 1 to find principal
rt = 0.08 × 40 = 3.2
amount = principal × 
1000000 = principal × 
principal = 1000000 / 
principal = 1000000 / 24.5325302
principal = 40762.20397
so $40762.20 balance of Donna's account will be 1 million dollars when she retires in 40 years
in 3rd part we have amount 1 million and principal $2500 and time 40 year put all these in equation 1 to find rate
amount = principal × 
1000000 = 2500 × 
take ln both side
ln
= ln (1000000 / 2500 )
40 r = ln 400
r = ln (400) / 40
r = 0.149787
so rate 14.97 % when Donna's account will have a balance of 1 million dollars in 40 years when principal is $2500
Dance class is at 3:45pm, because the dance studio would not be open that early.
Answer:
$1615.05
Step-by-step explanation:
First the cost. We know that tuition per credit hour is 113.67 and there is a flat fee of 660. This can be represented by 113.67h + 660, where h is equal to the number of credit hours.
Next, the amount paid. There are two constants of 350 and 400 already there. We can represent the remaining amount that needs to be paid by another variable, x.
Now, the cost needs to be equal to the amount you pay. We can replace h with 15 for 15 hours and solve for x.
113.67h + 660 = 350 + 400 + x
113.67(15) + 660 = 350 + 400 + x
1705.05 + 660 = 750 + x
2365.05 = 750 + x
1615.05 = x
Answer:
A
Step-by-step explanation: just divide 71 into 2 which gives you 35.5 making a your answer.
Answer:
2083
Step-by-step explanation:
Every yard is 3 feet so divide 6243 ft by 3 to get your answer

Hope I helped! :)