Answer:
- 1. <em>For the amount to double</em>: <u>9.37 years</u>
- 2. <em>For the amount to triple</em>: <u>14.85 years</u>
Explanation:
The equation for continuosly compounded interest is:
Where:
- P is the amount that you invest today: $1,300
- F is the value after t years: the double or triple of $1,300
- r is the annual interest rate: 0.074
<u>1. For the amount to double:</u>
Substitute the values and solve for t:
<u>2. For the amount to triple:</u>
<u />
<span>The government is the primary agency responsible for drawing up
the budget.
</span>Government<span> is the
means by which state policy is enforced, as well as the mechanism for
determining the policy of the state. Forms of </span>government<span>, or forms of state governance, refers to the set of
political systems and institutions that make up the organization of a specific </span>government<span>.</span>
Answer: B
Or Data is charted by two different types of data.
Explanation:
I got it right
Answer: Tentacle's total fixed costs are: $65400.
Explanation: The fixed components of the information provided by Tentacle Television Antenna Company are:
-Janitor's salary $4000
-Property taxes $15000
-Equipment depreciation (straight-line) $22000
-Factory insurance $14000
-Factory manager's salary $10400
So: 4000 + 15000+ 22000 + 14000 + 10400 = <u>$65400.</u>
