Answer:
(a) The future value after 9 years is $7142.49.
(b) The effective rate is .
(c) The time to reach $13,000 is 21.88 years.
Step-by-step explanation:
The definition of Continuous Compounding is
If a deposit of dollars is invested at a rate of interest compounded continuously for years, the compound amount is
(a) From the information given
Applying the above formula we get that
The future value after 9 years is $7142.49.
(b) The effective rate is given by
Therefore,
(c) To find the time to reach $13,000, we must solve the equation
Answer:
10 5 40
Step-by-step explanation:
if it is a sample and there are 5 diffrant things that is supposed to be in there, the 5 would be just rediculus, if it is 10, that would make more sense. 40, that would be more like the regular versian of it
hope this helps!!!
Answer:
24,12,6
Step-by-step explanation:
48 is even, so you can factor out 2, your first prime factor
Answer:
Answer
Step-by-step explanation:
You read the question and follow and like me.