Answer:
39.56%
Step-by-step explanation:
1. 1034-625=409
2. 409/1034= 0.39555126
3. 0.39555126x100= 39.555126
4. Round: 39.56%
Answer:
A. A reflection over the x-axis
Answer:
$24,498,509.74
Step-by-step explanation:
The formula for the value as a function of time is ...
V(t) = P·e^(rt)
Filling in the numbers and doing the arithmetic, we have ...
V(35) = 3,000,000·e^(0.06·35) ≈ 24,498,509.74
Compounded continuously for 35 years, the investment will be worth $24,498,509.74.
Answer:
what exactly are we trying to solve for