Answer:402.03
Step-by-step explanation:
Increasing by 5% is just multiplying by 1.05 then you repeat step for x amount of years
I think the formula is: P = P₀. e^(rt)
When P = 2P₀, the formula becomes 2P₀ =P₀.e^(rt)
Simplify by P₀, 2=e^(rt)
ln(2) = lne^(rt)
ln2 = rt.lne or lne =1 then ln2 = rt
$28 because Minimum is the least or smallest amount REMEMBER THIS
Answer:
c
Step-by-step explanation:
