Well read the story part of your paragraph. You need to cut out all of the extra stuff and focus on how fast they are going. Then make a chart symbolizing this to find where they directly meet:) If you are able submit the chart with your answer
All whole numbers are integers, so since 0 is a whole number, 0 is also an integer.
Answer:
Step-by-step explanation:
we know that
The formula to calculate continuously compounded interest is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
e is the mathematical constant number
we have
substitute in the formula above
solve for t
simplify
Apply ln both sides
Applying property of exponents
Remember that ln(e) =1
C is the least that is beause it is .015 which is smaller than 0.15
Answer: A. $4.12
Step-by-step explanation:
Y=a(1+r/n)^nt is the equation we use to solve this.
a= $0.43
t=37 - take 1980 and subtract it from 2017
r= .063 - the 6.3% goes into a decimal
n = 1
Y= ?
Y= 0.43( 1+ .063/1) ^1*37
Y= 0.43 (1.063) ^37
Y= 4.12