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:
Step-by-step explanation:
Answer:
The answer is B.
Step-by-step explanation:
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Answer:
The total fluid you have to drink is 10 7/10 = 10.7 cups.
Step-by-step explanation:
The daily requirement of water = 8 2/4 cups
Now, 
or, the daily water requirement = 8.5 cups
The daily requirement of milk = 2 1/5 cups
Now, 
or, the daily milk requirement = 2.2 cups
So, The total fluid needed = Cups of (Water + Milk) needed
= 8.5 cups + 2.2 cups
= 10.7 cups
Also, 
Hence, the total fluid you have to drink is 10 7/10 cups.
The students rented 4 small cars and 8 large cars.
Step-by-step explanation:
Given,
Number of people in small car = 4
Number of people in large car = 7
Total people in both type of cars = 72
Let,
x represent the number of small cars rented.
y represent the number of large cars rented.
According to given statement;
4x+7y=72 Eqn 1
y = 2x Eqn 2
Putting value of y from Eqn 2 in Eqn 1

Dividing both sides by 18

Putting x=4 in Eqn 2

The students rented 4 small cars and 8 large cars.
Keywords: linear equation, substitution method
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