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.
Answer:
11%
Step-by-step explanation:
if he made 8/9 attempts, that leaves 1/9 and 1/9 is .11 so its 11% that he missed
Answer:
You should stick with option D
Answer:
Step-by-step explanation:
Do it yourself m8!
Answer:
9.00 square units
Step-by-step explanation:
The width of the interval is 4 − 0 = 4. Divided by 4 equal subintervals, the width of each subinterval is 4/4 = 1.
The subintervals are:
0 ≤ x ≤ 1
1 ≤ x ≤ 2
2 ≤ x ≤ 3
3 ≤ x ≤ 4
MRAM is midpoint rectangular approximation method. So we use the midpoints of each interval to find the height of the rectangle:
f(0.5) = (0.5)² − 4(0.5) + 5 = 3.25
f(1.5) = (1.5)² − 4(1.5) + 5 = 1.25
f(2.5) = (2.5)² − 4(2.5) + 5 = 1.25
f(3.5) = (3.5)² − 4(3.5) + 5 = 3.25
So the total approximate area is:
A = 3.25 + 1.25 + 1.25 + 3.25
A = 9.00
Graph: desmos.com/calculator/x8dcibqszo