Answer:
(a) The future value after 9 years is $7142.49.
(b) The effective rate is
.
(c) The time to reach $13,000 is 21.88 years.
Step-by-step explanation:
The definition of Continuous Compounding is
If a deposit of
dollars is invested at a rate of interest
compounded continuously for
years, the compound amount is

(a) From the information given



Applying the above formula we get that

The future value after 9 years is $7142.49.
(b) The effective rate is given by

Therefore,

(c) To find the time to reach $13,000, we must solve the equation


Answer:
a) The variable, M represents the amount of fish Ms. Montesinos has
b) The set equation is 11 + 2 = 3 × M - 2
c) 5
Step-by-step explanation:
The given parameters are;
The number of fishes in Ms. Cruz's tank = 11 fishes
The number of fishes Ms, Cruz has after buying two more fishes = 3 × The amount of fish Ms. Montesinos has - 2 fishes
a) Let the variable, M represent the amount of fish Ms. Montesinos has
b) The set up equation is as follows;
11 + 2 = 3 × M - 2
c) From the equation, 11 + 2 = 3 × M - 2, we have;
13 = 3·M - 2
3·M = 13 + 2 = 15
3·M = 15
M = 15/3 = 5
M = 5
The number of fishes Ms. Montesinos has is 17 fishes

This is not possible, as -6 is not equal to -4.
Answer: 5/4
Step-by-step explanation:
do the keep change flip method
then it will be 3/4*5/3 which then equals 15/12 after that you would divide by 3 cause it is the only number that would go in evenly then the answer will be 5/4 in the simplest form
The student because the student depends on the pizza