Answer:
The growth rate he needs to achieve his goal is approximatelly 19.8%
Step-by-step explanation:
Since the sum will be compounded continuously we have to use the appropriate formula given below:
M = C*e^(r*t)
Where "M" is the final amount, C is the initial amount, r is the interest rate and t is the time elapsed. Since Sung Lee will invest that sum at 18 years old and he wants to recieve the return at 25, then the time elapsed is given by 25 -18 = 7 years. We can now apply the data to the formula:
16000 = 4000*e^(r*7)
4000*e^(7*r) = 16000
e^(7*r) = 16000/4000 = 4
ln[e^(7*r)] = ln(4)
7*r = ln(4)
r = ln(4)/7 = 0.198
The rate of interest is given by (r)*100%, so we have (0.198)*100% = 19.8%.
20 thousands would be 200 hundreds
Answer:
Troposphere
Step-by-step explanation
contains the air we breath and is often reffered to as the lower atmosphere
Solution:
In a vocabulary list ,within a study guide, if we are defining something
It should never be written in abbreviated form because some words are difficult to understand in abbreviated form and chances of getting confused are higher while reading.
It is better if we start writing Definition in
Arranging in alphabetical order and then writing in complete sentences.
But writing in complete sentences of any vocabulary must be first priority.
Option (C) In complete Sentences
Answer:
117.3
Step-by-step explanation:
7*4=117.29=117.3