how many years (to two decimal places) will it take an investment of $17,000 to grow to $41,000 if it is invested at 2.95% compo
unded continuously
1 answer:
Answer:
30 years
Step-by-step explanation:
Given data
P=$17,000
A= $41,000
R=2.95%
the expressio for the time is
t= ln(A/P)/r
t= ln(41,000 /17000)/0.0295
t= ln(2.41176)/0.0295
t= 0.8803/0.0295
t= 29.8
about 30 years
You might be interested in
Answer:
each person would get 4 with 4 left over
Step-by-step explanation:
Answer:
A
Step-by-step explanation:
Given
- 2x(5x - 2) = 0
Equate each factor to zero and solve for x
- 2x = 0 ⇒ x = 0
5x - 2 = 0 ⇒ 5x = 2 ⇒ x = 
Solutions are
x = 0, x =
Answer:
if you go to a calculator just calculate 5x 16 and if I'm correct it's should be 80
Answer:
sorry
Step-by-step explanation:
sorry i thought i clould do this but i cant
Answer:
135%
Step-by-step explanation:
The quarters percentage is 125% and the dime is 10% and that equals 135%
