We have been given that a person places $6340 in an investment account earning an annual rate of 8.4%, compounded continuously. We are asked to find amount of money in the account after 2 years.
We will use continuous compounding formula to solve our given problem as:
, where
A = Final amount after t years,
P = Principal initially invested,
e = base of a natural logarithm,
r = Rate of interest in decimal form.
Upon substituting our given values in above formula, we will get:
Upon rounding to nearest cent, we will get:
Therefore, an amount of $7499.82 will be in account after 2 years.
The answer is 8 because if you divide 52 by 4 it gives 13, do the same to the top and you get 8
Answer:
6y - 3y - 7 = -2 +3
Simplify both sides:
3y -7 = 1
Add 7 to both sides:
3y = 8
Divide both sides by 3:
y = 8/3 = 2 2/3
There is only one solution.
Fist, in the equation y=mx+b, b is the y-intercept. The y-intercept is the poin on the line that crosses the x-axis; the y-intercept is the value of yThese equations follow that format.
Y=mx+b
y

3x-4. <-----In this equation, the slope(m)=3 b= -4.
On the graph, we can see that the line crosses the x-axis at y=-4. Knowing that, we can eliminate the answer choices with +4 in the inequality.
The next step, is to pick an (x,y) coordinate that is in the shaded region and plug it into the remaining 2 inequalities. Which ever inequality is true after you solve it, that is the correct answer.
For example, I'll choose to plug in (-4,4) into the y

3x-4.
y

3x-4.
(4)

(3(-4))-4.
(4)

(-12)-4.
(4)

-16
So, this statement is true becasue -16 is less than positive 4. Therefore, the correct answer would be
y
3x-4. Hope that helped! Comment back with any further questions!