Answer:
Therefore after 16.26 unit of time, both accounts have same balance.
The both account have $8,834.43.
Explanation:
Formula for continuous compounding :
P(t)= value after t time
= Initial principal
r= rate of interest annually
t=length of time.
Given that, someone invested $5,000 at an interest 3.5% and another one invested $5,250 at an interest 3.2% .
Let after t year the both accounts have same balance.
For the first case,
P= $5,000, r=3.5%=0.035
For the second case,
P= $5,250, r=3.5%=0.032
According to the problem,
Taking ln both sides
Therefore after 16.26 unit of time, both accounts have same balance.
The account balance on that time is
=$8,834.43
The both account have $8,834.43.
Answer:
The percentage change in the average number of units in the process is 125%.
Explanation:
Based on Little's law;
Average inventory = average flow rate * average flow time
Let inventory = I, average flow rate = R and average flow time = T
Thus, I = R*T = RT
Now, Average flow rate and average flow time are increased by 50%
R' = R + 0.5R = 1.5R
T = T + 0.5T = 1.5T
So, inventory, I' = 1.5R*1.5T=2.25RT
Hence, the percentage change in the average number of inventory units in the process.
% change = I' - I = 2.25RT - RT= 1.25RT or 125%
Thus correct answer = 125%
Answer:
An e-tailer
found this site to help me with my problems
Answer:
D
Explanation:
It was never made when Earth was made
Answer:
Debit entry - Accounts Receivables - $2,000
Credit entry - Sales - $2000
Explanation:
Due to the fact that it is a credit sale, it means that the cash would be obtained at a future date in time. Hence, until then, Mr Smythe is indebted to Able as he is a debtor. Once he pays what he owes to Able and the cash has been received, Accounts receivables would be credited with $2000 and cash would be debited with $2000.
