Answer:
It takes 22.52 years for the balance to triple in value.
Step-by-step explanation:
Continuous compounding:
The amount of money earned using continuous compounding is given by the following equation:
In which A(0) is the initial amount of money and r is the interest rate, as a decimal.
Interest rate of 5%.
This means that , and thus:
Time for the balance to triple?
This is t for which . So
It takes 22.52 years for the balance to triple in value.
Answer:
Correct choice is 2.
Step-by-step explanation:
We have been given a graph of the quadratic function. Now we need to use that graph to find the equation of the graph in vertex form. By the way given choices written in intercept form so to be accurate we are going to find the equation in intercept form.
from graph we see that x-intercepts are at 5 and -2.
we know that if x=a is x-intercept then (x-a) must be factor.
So (x+2)(x-5) is the factor.
when leading coefficient is positive then graph opens upward.
so that means leading coefficient is 0.4
Hence correct choice is 2.