Answer:
(a) The future value after 9 years is $7142.49.
(b) The effective rate is
.
(c) The time to reach $13,000 is 21.88 years.
Step-by-step explanation:
The definition of Continuous Compounding is
If a deposit of
dollars is invested at a rate of interest
compounded continuously for
years, the compound amount is

(a) From the information given



Applying the above formula we get that

The future value after 9 years is $7142.49.
(b) The effective rate is given by

Therefore,

(c) To find the time to reach $13,000, we must solve the equation


Answer:
y = -1
Explanation:
Because the line is horizontal (intersecting the y-axis), you can ensure that the equation will be y = (a number). You can find which part of the y-axis it intersects by looking at the graph, and it intersects -1.
Answer:
500
Step-by-step explanation:
hope it helps you
tic tac toe
70 + 130 = 200
This would be Abe’s one hour of work and the part
80 + 80 + 40 = 200
This would be Gabe’s two hours of work and the part