The answer is .333 or 1/3 (4/12)
Based on the interest rate and continuous compounding, the investment would double in value after 18.5 years.
We have given that,
investment to double at a 3 3/4% interest rate,
<h3>When will the investment double in value?</h3>
The future value using continuous compounding is:
= Amount x e ^ (rate x time)
Interest is
= 3.75%
<h3>What is the formula of an exponential function?</h3>
2 = e ^ (0.0375 x time)
In2 = 0.0375 x time
t = In2 / 0.0375
t= 18.5 years
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Answer: A
Step-by-step explanation:
Answer:
circle S radii SU, ST, SR
Circle U radii UT, US, UR
Step-by-step explanation:
Radii start in the middle of the circle to the end of the circle.
Answer:
D. 20%
Explain:
30-25=5
5/25= 20%