What exactly is your question?
With annual compounding, the number of years for 1000 to become 1400 is 6.7 years
With continous compounding, the number of years for 1000 to become 1400 is 1.35 years
<h3>How long would it take $1000 to become $1,400?</h3>
With annual compounding, the formula that would be used is:
(In FV / PV) / r
Where:
- FV = future value
- PV = present value
- r = interest rate
(In 1400 / 1000) / 0.05 = 6.7 years
With continous compounding, the formula that would be used is:
(In 1400 / 1000) / (In e^r)
Where r = interest rate
((In 1400 / 1000) / (In e^0.05) = 1.35 years
To learn more about how to determine the number of years, please check: : brainly.com/question/21841217
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Answer:
Its 52/69... did u mean 69 divide by 52? If so the answer is 69/52.
Step-by-step explanation:
Hopefully u wrote the answer correctly, as always plz mark as brainliest. Hope this helps!
Oh wait!
The decimal form is: 0.753621 i think
Answer:
not true
Step-by-step explanation:
i just wants points mate
Answer:
(C) 30πcm
Step-by-step explanation:
In order to find circumference you use the formula C (circumference)=2(pi)(r) in which r is the radius. In this case, two and 15 are thirty so to find the circumference all you have is the equation 30 times pi centimeters is equal to the Circumference.
