The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
Step-by-step explanation:
The given is,
Future value, F = $15,000
Interest, i = 5.9%
( compounded continuously )
Period, t = 12 years
Step:1
Formula to calculate the present with compounded continuously,
...............(1)
Substitute the values in equation (1) to find the P value,
( ∵
)

( ∵
)
We change the P (Present value) into the left side,


≅ 7389.43
P = $ 7389.43
Result:
The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
1042 / 45
=23.15
You should be able to do that with a calculator though.
The expression representing the distance is
0
Answer:
30 tiles
Step-by-step explanation:
SO we need to find the area of the wall so we do
8 feet * 5 feet = 40 feet squared
then we find that area in inches
40*12=480
Now we find the area of the tiles
4*4=16
So now we divide to find how many tiles are needed
480/16=30
Our answer is 30
Answer:
The answer is -1.255 for residual value.
Step-by-step explanation:
We are tasked to solve for the residual value given that when x equals 29, y will be equals to 27.255. But, when it is tested, y actual value is 26. The formula in solving residual is shown below:
Residual value = Observed value - predicted value
Residual value = 26 - 27.255
Residual values = -1.255