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:
7.69
Step-by-step explanation:
13.99 x 0.45 = 6.2955 or 6.3
13.99 - 6.3 = 7.69
If this is asking for the nearest hundred thousand, and not ten thousand, than you would round up to 100,000. 91,284 is close to 100,000.
A. $960.
B. $940?
c. Neither.
I hope thiss helped! I could be wrong, but I do believe A. and C. are correct.
[ Answer ]
[ Explanation ]
- Factor:
(a - 3) + q(a - 3)
-------------------------------------
- Expand
: 
: 
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