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%.
Answer:
it's B
Step-by-step explanation:
the easiest why to tell is that, the slope intercept form y=mx+b is the form the equations are b is the y-intercept. If you look at the graph it crosses y at +16 not -16
Answer:
68 texts per day
Step-by-step explanation:
The description of the variables in the equation tells you that you want to find t (texts sent per day) for the given value of 'a' (age in years).
__
Substitute the number (15) for the variable (a) and do the arithmetic:
t = -1.63a +92.14
t = -1.63(15) +92.14 = -24.45 +92.14
t = 67.69
Keiko's trend line estimates a 15-year-old would send about 68 texts per day.
For 49 It's 4*12 and 2*24 and 1*48 and for 64 it's 8*8 and 2*32
Answer:
Step-by-step explanation:
line 1 m=y2-y1 / x2-x1 [formula for slope ]
m= 0 - (-3) / 8-(-4)
m= 3 /12
m= 1/4 slope of line 1
line2
m = 2-6 / 0-(-1)
m = -4 / 1
m = -4 slope of line 2
line 3
m = -4 - (-7) / -3 - 6
m = 3 / -9
m = - 1/3 slope of line 3
lines 1 & 2 perpendicular b/c they are reciprocals with a sign change :)
lines 1 & 3 neither.. differet slopes and not reciprocals
lines 2 & 3 perpendicular b/c they are reciprocals with a sign change :)
