Answer: $151377.5 should be invested.
Step-by-step explanation:
The formula for continuously compounded interest is
A = P x e (r x t)
Where
A represents the future value of the investment after t years.
P represents the present value or initial amount invested
r represents the interest rate
t represents the time in years for which the investment was made.
e is the mathematical constant approximated as 2.7183.
From the information given,
A = $300000
r = 3.8% = 3.8/100 = 0.038
t = 18 years
Therefore,
300000 = P x 2.7183^(0.038 x 18)
300000 = P x 2.7183^(0.684)
300000 = 1.9818P
P = 300000/1.9818
P = $151377.5
Answer:
(97 feet by 97 feet) square area.
Step-by-step explanation:
One bag of Super Green Lawn Fertilizer covers 9500 square feet area of lawn.
Let us assume that an 'a' feet square is the largest square lawn that can be fertilized using one bag of fertilizer.
Hence, a² = 9500, ⇒ a = 97.468 feet.
So, round to the nearest foot, (97 feet by 97 feet) square lawn can be fertilized. (Answer)
The value of x is -15.
Work:
x + 9 = -6
Move the 9 by subtracting from both sides.
x + 9 - 9 = -6 - 9
x = -15
Therefore x is -15.
Answer:
50%
Step-by-step explanation:
He has a 4/8 that he picks a rocky and a 4/8 that he doesn't. That gives us 1/2 and 1/2. 1/2=0.5 0.5×100%=50%
