Answer:
It'll take 38.3 years to obtain the desired return of $25,000.
Step-by-step explanation:
In order to solve a continuosly coumponded interest question we need to apply the correct formula that is given bellow:
M = C*e^(r*t)
Where M is the final value, C is the initial value, r is the interest rate and t is the time at which the money was applied. Since he wants an return of $25,000 his final value must be the sum of the initial value with the desired return. So we have:
(25000 + 8000) = 8000*e^(0.037*t)
33000 = 8000*e^(0.037*t)
e^(0.037*t) = 33000/8000
e^(0.037*t) = 4.125
ln[e^(0.037*t)] = ln(4.125)
t = ln(4.125)/(0.037)
t = 1.4171/0.037 = 38.2991
t = 38.3 years
9514 1404 393
Answer:
333/866
Step-by-step explanation:
Ratios are commonly expressed several ways. The one using a slash (/) is the one in "fractional notation."
333 to 866 = 333 : 866 = 333/866
__
This fraction cannot be reduced.
I would divide the 18000 by 13.26 to get the number of hours needed.
18000/13.26~169.7 days with 8 hour shifts.
Answer:
true
Step-by-step explanation:
This is because the more inertia an object has the more mass it has.