Answer:
280.6 repeating
Step-by-step explanation:
I attached an image of how to do the division. It is kind of difficult to explain like this.
Answer:
It will take 27.19 years
Step-by-step explanation:
Compound continuous interest can be calculated using the formula:
, where
- A = the future value of the investment, including interest
- P = the principal investment amount (the initial amount)
- r = the interest rate of interest in decimal
- t = the time the money is invested for
∵ Steve deposits $1250 in an account
∴ P = 1250
∵ The account paying 3.4% annual interest compounded continuously
∴ r = 3.4%
- Change it to decimal by dividing it by 100
∴ r = 3.4 ÷ 100 = 0.034
∵ The account balance will reach to $3150.5
∴ A = 3150.5
- Substitute The values of A, P and r in the formula above to find t
∵ 
- Divide both sides by 1250
∴ 
- Insert ㏑ to both sides
∴ ![ln(2.5204)=ln[e^{0.034t}]](https://tex.z-dn.net/?f=ln%282.5204%29%3Dln%5Be%5E%7B0.034t%7D%5D)
- Remember that 
∵ 
∴ ln(2.5204) = 0.034t
- Divide both sides by 0.034
∴ 27.18875 = t
∴ t ≅ 27.19
It will take 27.19 years
Answer:
The equation of the line is y = -5/2x + 25/2
Step-by-step explanation:
To find the equation of the line, we first need the slope. We can get that by using the slope formula.
m(slope) = (y2 - y1)/(x2 - x1)
m = (5 - 0)/(3 - 5)
m = (5)/(-2)
m = 5/-2
m = -5/2
Now that we have the slope, we use the slope and the given point in point-slope form. Then we solve for y.
y - y1 = m(x - x1)
y - 0 = -5/2(x - 5)
y = -5/2x + 25/2
The answer would be
You got it right
I wish i saw this when i needed jt too
Explanation
Absolutely
Answer:How much does he usually grow ?
Step-by-step explanation: