Answer: 13.29%
Step-by-step explanation:
The formula to calculate the compound amount (compounded continuously) is given by :-
, where P is the principal amount , r is the rate of interest ( in decimal) and t is the time period.
Given : P= $ 35,000 , A= $257,000 and t=15 years
To find : r , we substitute all the values in the above formula , we get

Taking natural log on both the sides , we get

Hence, the annual interest rate = 13.29%
706 ÷ 0363
1.94490358127 is your answer.
Answer:
The inquality is always false i think..
Step-by-step explanation:
Answer:
<em><u>ok the area of a trapezoid is 48 </u></em>
a+b divided by two multiplied by height
Step-by-step explanation:
each square equals 2 so you count by twos instead of ones..
the height is 8 the base is 8 and the top is 4 so
4+8/2=6
6*8=48