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kirza4 [7]
3 years ago
5

c) If an initial investment of $ 35,000 grows to $257,000 in 15 years, what annual interest rate, continuously compounded, was e

arned?
Mathematics
1 answer:
castortr0y [4]3 years ago
6 0

Answer: 13.29%

Step-by-step explanation:

The formula to calculate the compound amount (compounded continuously) is given by :-

A=Pe^{rt}, 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

257000=(35000)e^{15r}\\\\\Rightarrow\ e^{15r}=\dfrac{257000}{35000}\\\\\Rightarrow\ e^{15r}=7.3428

Taking natural log on both the sides , we get

15r=\ln(7.3428)\\\\\Rightarrow\ 15r=1.9937\\\\\Rightarrow\ r=\dfrac{1.9937}{15}0.132913333333\approx0.1329=13.29\%

Hence, the annual interest rate = 13.29%

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____ [38]

Answer:

The law of detachment and syllogism is valid here

Explanation:

The law of detachment and syllogism is associated with inductive reasoning. This law states that a conclusion is valid if the premise or hypothesis is valid, therefore if a then b. In others a results in b.

The law of detachment is denoted

[(a→b)∧a]→b

The law of syllogism derives from the law of detachment. Syllogism says that if a results in b and b results in c, then a results in c. In other words since a causes b and b causes c, then if a then c.

It is denoted

[(a→b)∧(b→c)]→(a→c)

In the above example, given: If you live in Orlando, then you live in Florida

Morgan does not live in Orlando, therefore it is concluded that he does not live in Florida

5 0
3 years ago
Mrs. Payne needs 35 notepads she can buy them in packs of 10 notepads or a single pads what are all the different ways of Mrs. P
castortr0y [4]
Ok she can buy 1 ten and 25 ones, 2 tens 15 ones, 3 tens 5 ones, and 35 ones. (Pretty sure)
8 0
3 years ago
Read 2 more answers
Write the equation, in standard form, of a polynomial of the least degree with integral
Hitman42 [59]

Answer:

f

(

x

)

=

3

x

3

−

5

x

2

−

47

x

−

15

Explanation:

If the zero is c, the factor is (x-c).

So for zeros of

−

3

,

−

1

3

,

5

, the factors are

(

x

+

3

)

(

x

+

1

3

)

(

x

−

5

)

Let's take a look at the factor

(

x

+

1

3

)

. Using the factor in this form will not result in integer coefficients because

1

3

is not an integer.

Move the

3

in front of the x and leave the

1

in place:

(

3

x

+

1

)

.

When set equal to zero and solved, both

(

x

+

1

3

)

=

0

and

(

3

x

+

1

)

=

0

result in

x

=

−

1

3

.

f

(

x

)

=

(

x

+

3

)

(

3

x

+

1

)

(

x

−

5

)

Multiply the first two factors.

f

(

x

)

=

(

3

x

2

+

10

x

+

3

)

(

x

−

5

)

Multiply/distribute again.

f

(

x

)

=

3

x

3

+

10

x

2

+

3

x

−

15

x

2

−

50

x

−

15

Combine like terms.

f

(

x

)

=

3

x

3

−

5

x

2

−

47

x

−

15

5 0
3 years ago
Please Solve This Problem For Me<br><br> x^2 + 5^2 = 7^2<br><br> (^2 Means Squared)
Triss [41]
X^2+5^2=7^2
x^2+25=49
(49-25)
x^2=24
sqrt(24)=4.89897948557
7 0
3 years ago
Joan had a difference of opinion with her boss and hence quit her job
Aleks [24]

Answer:

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Step-by-step explanation:

7 0
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