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liberstina [14]
3 years ago
12

10) Amanda spent $43 on a magazine and

Mathematics
1 answer:
Vinvika [58]3 years ago
8 0

Answer:

Each notepad would cost $5.

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How many years will it take $39,450 to double at an interest rate of 3.2%, continuously compounded? *
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Years = natural log (total / principal)  / rate
Years = ln (78,900 / 39,450) / .032
Years = ln (2) / .032
Years = 0.69314718056 / .032
Years = <span> <span> <span> 21.6608493925 </span> </span> </span>
And here's a calculator to check that answer:
http://www.1728.org/compint.htm


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