Why is 1 + (−5) equal to −4? (1 point)

Mathematics

1 answer:

USPshnik [31]3 years ago

8 0

Answer: (c)

Because it is 5 units to the left of 1 on a horizontal number line

Step-by-step explanation:

Number lines are laid out like books, we read from left to right. Therefore, negative numbers are on the left of the number line. Starting at 1, moving five place left would land you on -4.

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For the following amount at the given interest rate compounded continuously, find (a) the future value after 9 years, (b) the

Stella [2.4K]

Answer:

(a) The future value after 9 years is $7142.49.

(b) The effective rate is $r_E=4.759 \:{\%}$ .

(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 $P$ dollars is invested at a rate of interest $r$ compounded continuously for $t$ years, the compound amount is

$A=Pe^{rt}$

(a) From the information given

$P=4700$

$r=4.65\%=\frac{4.65}{100} =0.0465$

$t=9 \:years$

Applying the above formula we get that

$A=4700e^{0.0465\cdot 9}\\A=7142.49$

The future value after 9 years is $7142.49.

(b) The effective rate is given by

$r_E=e^r-1$

Therefore,

$r_E=e^{0.0465}-1=0.04759\\r_E=4.759 \:{\%}$

(c) To find the time to reach $13,000, we must solve the equation

$13000=4700e^{0.0465\cdot t}$

$4700e^{0.0465t}=13000\\\\\frac{4700e^{0.0465t}}{4700}=\frac{13000}{4700}\\\\e^{0.0465t}=\frac{130}{47}\\\\\ln \left(e^{0.0465t}\right)=\ln \left(\frac{130}{47}\right)\\\\0.0465t\ln \left(e\right)=\ln \left(\frac{130}{47}\right)\\\\0.0465t=\ln \left(\frac{130}{47}\right)\\\\t=\frac{\ln \left(\frac{130}{47}\right)}{0.0465}\approx21.88$