1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga2289 [7]
3 years ago
6

How many years are required for an investment to double in value if it is appreciating at the rate of 9​% compounded​ continuous

ly?
Business
1 answer:
Vesna [10]3 years ago
7 0

Answer:

time required is 7.70 years

Explanation:

given data

interest rate = 9%

solution

we know with the compounded​ continuously rate r and time t amount is

A(t) = A(o) e^{rt}     .................1

and we have given amount is double so

A(t) = 2 A(o)

so from equation 1 put the value and we get here

2 A(o) = A(o) e^{rt}

ln(2) = 0.09 t

solve it we get time

time t = 7.70 years

so time required is 7.70 years

You might be interested in
Prices usually reflect a. both the value of a good to society and the cost to society of making the good. b. only the cost to so
quester [9]

Answer:

The correct answer is letter "A": both the value of a good to society and the cost to society of making the good.

Explanation:

Price is the monetary value of a good or service that consumers are willing to pay and producers are willing to accept. <em>For companies, it represents the production costs of the good plus the unitary revenue they expect to obtain. For consumers, it is the value they provide to the good offered according to the type of need the good is destined to fulfill.</em>

7 0
3 years ago
When determining the value of raw land, there is a relatively fixed amount of _________; therefore, the value of land is primari
Ilya [14]
<span>When determining the value of raw land, there is a relatively fixed amount of supply; therefore, the value of land is primarily determined by demand?

Because land isn't something we can just add in to the world, there is a fixed amount of supply available to us as a resource. When the supply becomes scarce, it is easy for the value of land to go up because if demand is high and there is a low amount the price can be higher since there is less competition of the same. </span>
7 0
3 years ago
Indicate whether the following events might cause stocks in general to change price, and whether they might cause Big Widget Cor
-BARSIC- [3]

Answer:

Check the explanation below

Explanation:

Inflation is systematic (Market) risk, it impacts all stocks

Results of company is unsystematic (Specific) risk, as they are as expected stock price wont have much impact

Economic growth is systematic (Market) risk, as it is inline with forecasts stock prices will be constant

Directors death is unsystematic (Specific) risk, stock price will go down

Taxation is systematic (Market) risk, as it is discussed from 6 month, stock price wont have much impact currently

8 0
3 years ago
How can I ensure that my coworkers and I are in a safe working environment
GalinKa [24]
How can I ensure that my coworkers and I are in a safe working environment. If your company has an industrial hygienist and also your safety officer can inspect.
6 0
3 years ago
What is an agile MIS infrastructure?
jok3333 [9.3K]

Answer:

Explanation:

Based on my research Agile MIS infrastructure Includes the hardware, software, and telecommunications equipment that, when combined, provides the underlying foundation to support the organization’s goals. Like mentioned previously these all combine in order to form a system which gives the organization to the means of achieving the goals and vision set forth by the founding members of the organization.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Other questions:
  • How do firms in asia (in this case, in thailand overcome market failure?
    14·1 answer
  • When an employee misappropriates case by diverting a payment from one customer for their own use, and then hides the defalcation
    12·1 answer
  • A judge denied a 94-year-old woman s attempt to force a Lottery Commission to pay her $3.9 million winnings up front on the grou
    5·1 answer
  • The following are all examples of abnormal items disclosed by the company, except: (4 points) A) Goodwill Impairment Charges B)
    7·1 answer
  • In Year 1, Lee Inc. billed its customers $62,000 for services performed. The company collected $51,000 of the amount billed. Lee
    10·1 answer
  • For the past nine years, PepsiCo's Doritos brand has held a "Crash the Super Bowl" contest in which it invites 30-second ads fro
    12·1 answer
  • Following is information from Skechers USA, Inc. for fiscal 2016 (in thousands).
    11·1 answer
  • A relevant cost ______. Multiple select question. differs between alternatives is always an opportunity cost pertains to the fut
    5·1 answer
  • All of the following are characteristics of a perfectly competitive market except: Group of answer choices barriers to entry per
    9·1 answer
  • A _____ is a temporary work structure that starts up, produces products or services, and then shuts down.group of answer choices
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!