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polet [3.4K]
2 years ago
15

Money Flow An investment scheme is expected to produce a continuous flow of money, starting at $1000 and increasing exponentiall

y at 5% a year for 7 years. Find the present value at an interest rate of 11% compounded continuously.
Mathematics
1 answer:
kvasek [131]2 years ago
3 0

Answer:

7.14

Step-by-step explanation:

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5 cans can be bought with $10

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So I think it would be 2


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3 years ago
Find x and y, given that KL and line MN are parallel. Show all work
Setler [38]
\dfrac{|MN|}{|NJ|}=\dfrac{|KL|}{|LJ|}\\\\\dfrac{22}{12+8}=\dfrac{y}{8}\\\\\dfrac{22}{20}=\dfrac{y}{8}\ \ \ |cross\ multiply\\\\20y=22\cdot8\\\\20y=176\ \ \ |:20\\\\\boxed{y=8.8}

\dfrac{|MK|}{|KJ|}=\dfrac{|NL|}{|LJ|}\\\\\dfrac{x-2}{5}=\dfrac{12}{8}\ \ \ \ |cross\ multiply\\\\8(x-2)=5\cdot12\\\\8x-16=60\ \ \ |+16\\\\8x=76\ \ \ |:8\\\\\boxed{x=9.5}
4 0
2 years ago
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