Answer:
13.86
Step-by-step explanation:
formula for cont. compounding interest is
Amount = Principal * e^rt
in this case the principal is 5000, and the amount is 10000 (double). the rate is 5% or 0.05. and t is what we are solving for.
sub in to get:
10000 = 5000e^0.05t
2 = e^0.05t
now convert to log form.
ln 2 = 0.05t
ln 2 / 0.05 = t
punch that into your calculator and you get 13.86 years
In this case, the best method starts with finding one percent of the selling price. To do this, divide the commission ($11825) by 5.5. This gets you 1%, which is $2150. Next, multiply this number by 100, turning 1% into 100%. Your final answer is $215,000.
<span>If this is an isosceles triangle, then it has two 45 degree angles corresponding to two legs of equal length. Orient the base of this triangle so that it's horizontal, and represent its length by b. Let h represent the height of the triangle. Then the area of this right triangle is 50 square inches = (1/2)(b)(h), or A = (b/2)h = 50 in^2.
Due to the 45 degree angles, the height of this triangle is equal to half the base, or h = b/2. Thus, (b/2)h = 50 becomes (b/2)(b/2) = 50, or b^2=200. Thus, b = 10sqrt(2), and h=(1/2)(10 sqrt(2)), or h = 5sqrt(2).
The length of one of the legs is the sqrt of [5sqrt(2)]^2+[5sqrt(2)]^2, or
sqrt(25(2)+25(2)) = sqrt(100) = 10.
</span>