Answer:
It takes 22.52 years for the balance to triple in value.
Step-by-step explanation:
Continuous compounding:
The amount of money earned using continuous compounding is given by the following equation:
In which A(0) is the initial amount of money and r is the interest rate, as a decimal.
Interest rate of 5%.
This means that 
, and thus:
Time for the balance to triple?
This is t for which 
. So
It takes 22.52 years for the balance to triple in value.
<h3>
Answer: Choice B) 3:1</h3>
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Explanation:
Consider a very small town of only 4 people.
If 1 person bikes to work, then 1/4 = 0.25 = 25% of the population commutes by bicycle. We see that the remaining 4-1 = 3 people don't travel by bike.
The odds against selecting someone who uses their bike to get to work is 3:1 which is why the answer is choice B
We list the number of people we don't want first, and then the number of people we do want (those who use a bike). A colon separates the two values to form the odds ratio.
We can say "3:1" as "3 to 1". It means we're 3 times more likely to select someone we don't want vs someone we do want. The odds are against the bike person which is why the value we don't want is listed first.
In contrast, if your teacher asked "what are the odds in favor of selecting someone who commutes by bicycle?" then the answer would be 1:3. We simply swap the positions of what we set up earlier.
Answer:
its option C
Step-by-step explanation:
When you say "at the same ratio", you mean that you consume the same amount of gas for the same amount of miles.
We know that everytime you drive 75 miles, you use 3 gallons of gas.
Since 12 gallons of gas is four times 3 gallons of gas, if the ratio remains the same, you can drive four times the distance:
You drive 75 miles, and use 3 gallons.
You drive 75 more miles (so you are at 
miles) and use 3 more gallons, so you use 
gallons.
You drive 75 more miles (so you are at 
miles) and use 3 more gallons, so you use 
gallons.
You drive 75 more miles (so you are at 
miles) and use 3 more gallons, so you use 
gallons, and you're done.
Answer:
C
Step-by-step explanation:
