Answer:
$1,161.83
1.51%
Step-by-step explanation:
Continuously compounded interest is:
A = Pe^(rt)
where A is the final amount,
P is the initial amount,
r is the rate per time,
and t is time.
Given P = 1000, r = 0.015, and t = 10:
A = 1000e^(0.015 × 10)
A = 1000e^(0.15)
A = 1161.83
The effective annual yield is the annually compounded rate needed to have the same yield after the same time. For continuously compounded interest, he equation for effective annual yield is:
R = -1 + e^r
R = -1 + e^0.015
R = 0.0151
The effective annual yield is 1.51%.
Answer: 203.4
So, he has a dream to go to Iceland sometime. He would need to deposit a minimum of $203/month. To get this answer we need to take 20409 ÷ 180 (180 is the amount on months in 15 years.) And multiply that by the equanimity equation (y=2/5=6)
Answer: 1,296 m
iles
Step-by-step explanation:
Hi, to answer this question we have to apply the next formula:
Distance = Speed rate x time
- speed rate = 54 miles per hour
- time = 24 hours
Replacing with the values given and solving for D (distance)
D = 54 mph x 24 h = 1,296 m
The car traveled 1,296 miles
Feel free to ask for more if needed or if you did not understand something.
10+10 = 20
20 x 2= 40
The answer is 40
I think the answer is C hope this helped
