With annual compounding, the number of years for 1000 to become 1400 is 6.7 years
With continous compounding, the number of years for 1000 to become 1400 is 1.35 years
<h3>How long would it take $1000 to become $1,400?</h3>
With annual compounding, the formula that would be used is:
(In FV / PV) / r
Where:
- FV = future value
- PV = present value
- r = interest rate
(In 1400 / 1000) / 0.05 = 6.7 years
With continous compounding, the formula that would be used is:
(In 1400 / 1000) / (In e^r)
Where r = interest rate
((In 1400 / 1000) / (In e^0.05) = 1.35 years
To learn more about how to determine the number of years, please check: : brainly.com/question/21841217
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Answer:
respect the traditions and beliefs
Answer:
Step-by-step explanation:
first multiply 4 X 2= 8
8+2x=42
Now you are going to pass 8 to the other side by adding -
2x=42-8
2x=34
Now you are going to divide 34 between 2 to eliminate the 2 multiplying in the other side. 34 between 2= 17
X=17
Hope this helps :)
Answer:The answer is D
Step-by-step explanation:I took the test I
The midpoint formula is basically (averaging the x coordinates, averaging the y coordinates).
Point A: (3, 7)
Point B: (2, -1)
Midpoint x: (3 + 2) / 2 = 5 / 2
Mindpoint y: (7 - 1) / 2 = 3
Therefore, the midpoint of the segment is choice C (5/2, 3)