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ikadub [295]
3 years ago
10

Lisa, a real estate agent, earned a Big commission for selling a house. If she puts the money into an account that earns 11.32%

interest compounded continuously, how long will it take for her money to double? Round your answer to the nearest month.
Mathematics
1 answer:
garri49 [273]3 years ago
3 0

Answer:

6 years and 1 month

Step-by-step explanation:

A= Pe^rt

Since you need to find the double A=2P

2P=e^0.1132t

0.1132t=ln 2

0.1132t=0.693

t= 6.12

6 years and 1 month

ps: I think this is right but I'm not sure I had the same problem and I got this.

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3 years ago
A) a shopkeeper buys a camera for $300 and sells it at $360. Calculate the percentage profit.
Lilit [14]
A) profit/original price x100 =percentage profit

(Profit: 360-300=$60)

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=20%

b) two cameras (original price): 300x2= $600
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4 0
2 years ago
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If A's income is 25% less than that of B, then how much percent is B's income more than that of A?​
saul85 [17]
Let's say that B makes $100.

Then A makes $75.

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75x = 10000

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So, B's income is 33.3% more than A's income.
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Step-by-step explanation:

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