Answer:
65.8
Step-by-step explanation:
(2.6*4.7)/2=6.11
11*4.7=51.7
(4.7(17-(2.6+11)))/2=7.99
6.11+51.7+7.99=65.8
Line 1 only should be the answer!
Answer:
It takes 22.52 years for the balance to triple in value.
Step-by-step explanation:
Continuous compounding:
The amount of money earned using continuous compounding is given by the following equation:

In which A(0) is the initial amount of money and r is the interest rate, as a decimal.
Interest rate of 5%.
This means that
, and thus:



Time for the balance to triple?
This is t for which
. So







It takes 22.52 years for the balance to triple in value.
What is the complete question and what are the choices??
N is greater than or equal to 5. (n <u>></u> 5)