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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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What is the solution to the equation below? <br> Vx + 3 = x - 3 <br> A. 3<br> B. 6<br> C. 5<br> D. 4
kherson [118]

Answer:

6

Step 1: Solve Square Root

Vx+3=x-3

x+3=(x-3)^2 (squared both sides)

x+3=x^2-6x+9

x+3-(x^2-6x+9)=0

(-x+1)(x-6)=0 (factor left side of equation)

-x+1=0 or x-6=0

x=1 or x=6

When you plug it in to check

1 (Doesn't Work)

6 (Work)

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6 0
3 years ago
Over the course of the school year, you keep track of how much snow falls on a given day and whether it was a snow day. Your dat
Free_Kalibri [48]

Answer:

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Step-by-step explanation:

We have the data,

Out of 21 which had less than 3 inches of snow, 5 were snow days.

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So, we get,

Total number of days = 21 + 8 = 29

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Thus, the probability that the day will be a snow day is \frac{11}{29} i.e. 0.34

Hence, the probability of the day to be a snow day is 0.34.

5 0
2 years ago
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