Please help me asap
1 answer:
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Answer:
time is 6.76 years
Step-by-step explanation:
given data
amount = $150
payment = $100
rate r = 6% = 0.06
to find out
time period t
solution
we know it is compounding continuous
so we will apply here formula that is
amount = payment × ..........1
put here all value we get
amount = payment ×
150 = 100 ×
take ln both side
ln 1.5 =
0.40546 = 0.06t
t = 0.40546 / 0.06
t = 6.76
so time is 6.76 years
Answer:
Step-by-step explanation:
Calculus....finally something FUN to answer!
This is integration, but here you have the area under the curve, you just don't have the upper bound. Setting that problem up looks like this:
and using the First Fundamental Theorem of Calculus, that will integrate to look like this:
from 1 to b and applying the FTC:
Multiplying everything by 2 to get rid of the denominators gives you:
Answer:
Step-by-step explanation:
i hope this helps
