Answer:
Step-by-step explanation:
The formula for continuously compounded interest is
A = P x e (r x t)
Where
A represents the future value of the investment after t years.
P represents the present value or initial amount invested
r represents the interest rate
t represents the time in years for which the investment was made.
A) From the information given,
P = $800
r = 4.5% = 4.5/100 = 0.045
t = 5 years
Therefore,
A = 800 x e^(0.045 x 5)
A = 800 x e^(0.225)
A = $1002
B) For it to double,
A = 2 × 800 = 1600
Therefore,
1600 = 800 x e^(0.045 x t)
1600/800 = e^(0.045t)
2 = e^(0.045t)
Taking ln of both sides, it becomes
Ln2 = 0.045t
0.693 = 0.045t
t = 0.693/0.045
t = 15.4 years
Answer:
b = -6.5
Step-by-step explanation:
92 - 16b = 12
now you want to get the number(s) and variables on different sides
92 - 16b - 92 = -16b
12 + 92 = 104
-16b = 104
now divide each side by -16
-16b / -16 = b
104 / -16 = -6.5
b = -6.5
Answer:
p < 8
Step-by-step explanation:
3p+7<31
Subtract 7 from each side
3p+7-7<31-7
3p <24
Divide each side by 3
3p/3 <24/3
p < 8
You are referring to the thousandths spot.
1.00(0)000001
So, between any given number n to n.01 there are 10 numbers.
n.001, n.002, n.003, ..., n.01
