With annual compounding, the number of years for 1000 to become 1400 is 6.7 years
With continous compounding, the number of years for 1000 to become 1400 is 1.35 years
<h3>How long would it take $1000 to become $1,400?</h3>
With annual compounding, the formula that would be used is:
(In FV / PV) / r
Where:
- FV = future value
- PV = present value
- r = interest rate
(In 1400 / 1000) / 0.05 = 6.7 years
With continous compounding, the formula that would be used is:
(In 1400 / 1000) / (In e^r)
Where r = interest rate
((In 1400 / 1000) / (In e^0.05) = 1.35 years
To learn more about how to determine the number of years, please check: : brainly.com/question/21841217
#SPJ1
9514 1404 393
Answer:
14. C
15. C
Step-by-step explanation:
14. The function is entirely in quadrants I and II, so the leading coefficient is positive. This eliminates choices A and B.
The horizontal asymptote is 0, not -1, eliminating choice D.
The curve is best described by the equation of choice C.
__
15. The domain and range of an unadulterated exponential function are ...
domain: all real numbers; range: y > 0 . . . . matches choice C
Answer:
Yeah that seems good. ghg
We are looking at points in the form (x, y).
Let x = pounds of red grapes
Let y = pounds of green grapes
Audrey has less than 5 pounds of grapes. Here is where I think you made a typo. The question should indicate if Audrey has 5 pounds less of red grapes or green grapes.
Go back and check your original problem and then come back.
