Answer:
Approximately 22.97 years
Step-by-step explanation:
Use the equation for continuously compounded interest, which uses the exponential base "e":
Where P is the principal (initial amount of the deposit - unknown in our case)
A is the accrued value (value accumulated after interest is compounded), in our case it is not a given value but we know that it triples the original deposit (principal) so we write it as: 3 P (three times the principal)
k is the interest rate : 5% which translates into 0.05
and t is the time in the savings account to triple its value (what we need to find)
The formula becomes:
To solve for "t" we divide both sides of the equation by P (notice it cancels P everywhere), and then to solve for the exponent "t" we use the natural logarithm function:
It is the last numbers I'm positive
Answer: False
Step-by-step explanation:
For this to be true; x must be squared.
Segment A is a linear constant. In general a linear constant will be y=k for a horizontal line or x=k for a vertical line.
Answer:
Step-by-step explanation:
<u>Step 1: Find the square root of 81</u>
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Answer: