Answer:
The growth rate he needs to achieve his goal is approximatelly 19.8%
Step-by-step explanation:
Since the sum will be compounded continuously we have to use the appropriate formula given below:
M = C*e^(r*t)
Where "M" is the final amount, C is the initial amount, r is the interest rate and t is the time elapsed. Since Sung Lee will invest that sum at 18 years old and he wants to recieve the return at 25, then the time elapsed is given by 25 -18 = 7 years. We can now apply the data to the formula:
16000 = 4000*e^(r*7)
4000*e^(7*r) = 16000
e^(7*r) = 16000/4000 = 4
ln[e^(7*r)] = ln(4)
7*r = ln(4)
r = ln(4)/7 = 0.198
The rate of interest is given by (r)*100%, so we have (0.198)*100% = 19.8%.
838. = 27x-271.42
+271.42. +271.42
1109.42= 27x
Divide by 27
X= $41.0896 per hour
5. Gross Pay is what you make before they takes taxes and insurance. From your check.
So Net Pay is better because what you actually get.
Answer:
the words are not that clear
Answer:
1. X axis, 8, 3
2. Y axis, 4,-9
Step-by-step explanation:
The rule of reflections that the place opposite of the axis is negative so:
The rule for x-axis reflection is (x,-y)
The rule for y-axis is (-x,y)
For the first one, x has remained the same, so that means it’s a x-axis reflection.
So change -3 to 3
Same for the next one.
-9 is not changed so that means it’s a y-axis reflection.
And the point is 4,-9
Answer: x> 1/2
Step-by-step explanation:
if 2x+1∠ 8x-2
inequality , treat this problem like any other equation
have the unknown(x) in one side, and the values on the other side
2x-8x < -1-2
-6x< -3 we multiply by -1, do not forget if we multiply by -1 the sign will change
6x>3 divide by 3
2x>1
x>1/2