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%
^n=1/square root of 59 (535) ,if that makes sense its hard to type it
Answer:
A. 10%
Step-by-step explanation:
First calculate how much percentage is in one dollar, which is 5% per dollar, then times that by how much money is deducted which is $2, and you will get your answer 10%.
Hope this helps good luck!
(23+15x) when you add this you will have your answer
There would be 8 tigers in the exhibit. Hope this helps.