Answer: 9.9 years.
Step-by-step explanation:
If interest is compounded continuously, then formula to compute final amount A =
, where P =initial amount, r= rate of interest , t=time.
Given: P= $61,000, r= 1.9% =0.019 , A = $ 73600
Substitute all values in formula

Taking natural log on both sides

Hence, the required time = 9.9 years.
Remember the formula y = mx+b.
'm' in mx is the slope.
'b' is the y-intercept.
So in the equation y = -3x - 3...
The slope is -3. The y-intercept is -3.
I hope you find this answer the most helpful! :)
Old enough for Matt to seek vengeance against her