1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natali [406]
3 years ago
14

the amount of money in an account with continuously compounded interest. calculated to the nearest tenth of a year how long it t

akes for an amount of money to double if interest is compounded continuously at 5.2%
Mathematics
1 answer:
pentagon [3]3 years ago
6 0
You will need this formula:
Years = ln (Total / Principal) / rate
(where "ln" means natural logarithm)
and we'll use $100 and $200 for beginning and ending amount
Years = ln (200 / 100) / rate
Years = 0.69314718056 / .052
Years = <span> <span> <span> 13.3297534723 </span> </span> </span>
Rounding to the nearest tenth of a year:
Years = <span> <span> <span> 13.3

Source:
http://www.1728.org/rate2.htm

</span></span></span>

You might be interested in
The sum of 15 and two times a number is 29. what is the number?
drek231 [11]

15 + 2x = 29

Subtract 15

2x = 14

Divide by 2

x = 7

The number is 7.

8 0
3 years ago
Read 2 more answers
What are the coordinates of the midpoint of the line segment with endpoints J(−6, 3) and K(4, −2) ?
frutty [35]
M = ( (-6+4)/2, (3+-2)/2 )

M = (-1, 1/2)
8 0
3 years ago
Read 2 more answers
HELP <br> ME <br> PLEASE<br> I <br> DONT<br> UNDERSTAND
yulyashka [42]

Answer:

Step-by-step explanation:

acid=16.5 % of 348

=0.165×348

≈57.4 ml

6 0
3 years ago
What is rational number and arithmetic number​
Oduvanchick [21]

\huge \mathtt \blue{answer}

Here, “p” is a numerator and “q” is a denominator. The examples of rational numbers are 6/5, 10/7, and so on. The rational number is represented using the letter “Q”. Like real numbers, the arithmetic operations, such as addition, subtraction, multiplication, and division are applicable to the rational numbers.

5 0
3 years ago
Write an expression to match the statement 1/5 of the difference between 18 and 11
Artemon [7]

(18 - 11) \div 5
8 0
4 years ago
Read 2 more answers
Other questions:
  • What is the change in elevation from 8500m to 3400m
    14·2 answers
  • What is 10.061 rounded to the nearest tenth
    7·2 answers
  • ace bike rentals rents bikes for $28 per day. Renters can keep the bike for 8 hours. Bart's bikes rents bikes for $30 per day. R
    6·1 answer
  • What numbr must be subtracted from -20 to obtain 15?
    5·1 answer
  • The question is: What is the Least Common Multiple of<br> 4 and 30?
    14·1 answer
  • How can you decompose the composite figure to determine its area?
    14·2 answers
  • Consider the inequality nx+5 is less than or equal to -10. Which value of n will result in the solution -3 is greater than or eq
    12·2 answers
  • (–3)^5<br><br><br><br> What does the ^ mean? Multiplication?
    11·2 answers
  • Gabriel brings 25 cupcakes to share with his classmates at school. At the end of the day, he has 3 cupcakes remaining. What perc
    14·2 answers
  • Find the value of x in the given figure of a triangle
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!