Based on the interest rate and continuous compounding, the investment would double in value after 18.5 years.
We have given that,
investment to double at a 3 3/4% interest rate,
<h3>When will the investment double in value?</h3>
The future value using continuous compounding is:
= Amount x e ^ (rate x time)
Interest is
= 3.75%
<h3>What is the formula of an exponential function?</h3>
2 = e ^ (0.0375 x time)
In2 = 0.0375 x time
t = In2 / 0.0375
t= 18.5 years
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Answer:
C
Step-by-step explanation:
To solve, use inverse operations:
Now we solve for both +/- 7.
x+6=7
x=1
x+6=-7
x=-13
(4 feet wide), 12 feet in length. 4*3=12 4*12=48
Answer:
1/4, 5/16, 1/2, 5/8, 3/4
Step-by-step explanation:
If we expand bx to jx and kx we have:
5y^2-2y-7
5y^2-7y+5y-7 then factor...
y(5y-7)+1(5y-7)
(y+1)(5y-7)
So the other factor is:
(y+1)
