Answer:
12
Step-by-step explanation:
I did the work on deltamath
Answer:
$1,161.83
1.51%
Step-by-step explanation:
Continuously compounded interest is:
A = Pe^(rt)
where A is the final amount,
P is the initial amount,
r is the rate per time,
and t is time.
Given P = 1000, r = 0.015, and t = 10:
A = 1000e^(0.015 × 10)
A = 1000e^(0.15)
A = 1161.83
The effective annual yield is the annually compounded rate needed to have the same yield after the same time. For continuously compounded interest, he equation for effective annual yield is:
R = -1 + e^r
R = -1 + e^0.015
R = 0.0151
The effective annual yield is 1.51%.
Answer:
The lateral area is 
Step-by-step explanation:
we know that
The lateral area of a right prism is equal to
where
P is the perimeter of the base of the prism
H is the height of the prism
in this problem we have
substitute
Answer:
profit as a percentage= 21.74%
Step-by-step explanation:
Giving the following information:
Purchase price= $180,000
Selling price= $230,000
<u>To calculate the profit as a percentage, we need to use the following formula:</u>
profit as a percentage= (profit/selling price)*100
profit as a percentage= 50,000/230,000*100
profit as a percentage= 21.74%
The answer is no because the problem has no solution. Hope this helps
