Answer: 13.29%
Step-by-step explanation:
The formula to calculate the compound amount (compounded continuously) is given by :-
, where P is the principal amount , r is the rate of interest ( in decimal) and t is the time period.
Given : P= $ 35,000 , A= $257,000 and t=15 years
To find : r , we substitute all the values in the above formula , we get
Taking natural log on both the sides , we get
Hence, the annual interest rate = 13.29%
Answer:
Step-by-step explanatiobidvshzbxgsjsgsjGjmI don’t even know that
Graph A.....parallel lines will have no solution because they never intersect
Answer:
C. Black grapes cost more per pound than green grapes.
Step-by-step explanation:
<em>Verify each statement</em>
A. Three pounds of green grapes cost $6.00
The statement is False
Because
For x=3 pounds
y=1.5x
y=1.5(3)=$4.5
B. Black grapes cost less per pound than green grapes
The statement is False
Because
For x=1 pound
The green grapes cost ----> y=1.5(1)=$1.5
Observing the graph
For x=1 pound
The black grapes cost $2
C. Black grapes cost more per pound than green grapes.
The statement is True
D. Two pounds of black grapes cost $3.00.
The statement is False
Because
Observing the graph
Two pounds of black grapes cost $4
Answer:
Step-by-step explanation:
So we would have to multiply the "2x - 8" by 5 each resulting in 10x - 40 + 15. Then we subtract which results in 10x - 25 = - 15. We add 25 to 25 and 15 resulting in 10x = 10. We divide each by 10 which results in x = 1.
