Answer:
write the equation of the line that passes through (7,6) and (-1,2) in a slope intercept form.
For this, we have to calculate how much money has to be invested at 2.3% interest compounded continuously to achieve $41,000 after 17 years
Formula: A= P * ( 1+r)^t
A= $41,000
r=0.023
t= 17
<span>41,000= P * (1+0.023)^17
</span>41,000= P * (1.023)^17
41,000= P * 1.4719
P= 41,000 : 1.4719
P= $27,731.59
Therefore, the answer is C. $27,731.59
I checked by doing the opposite, and I got $41,000.01, which is the closest to the question<span>
</span>
Answer:
The stock is worth 765.65 today.
Step-by-step explanation:
=765.65
Answer:
9.5 feet
Step-by-step explanation:
15.5-6=9.5
