Answer:
(-8,0)
Step-by-step explanation:
We have been given that a person places $6340 in an investment account earning an annual rate of 8.4%, compounded continuously. We are asked to find amount of money in the account after 2 years.
We will use continuous compounding formula to solve our given problem as:
, where
A = Final amount after t years,
P = Principal initially invested,
e = base of a natural logarithm,
r = Rate of interest in decimal form.
Upon substituting our given values in above formula, we will get:
Upon rounding to nearest cent, we will get:
Therefore, an amount of $7499.82 will be in account after 2 years.
Answer:
The slope remains a constant 
as it is parallel.
Explanation:
1. Line Q is defined as a slope of 
; i.e. 
2. Line R is defined to be parallel of Line Q.
3. Line Q is linear and has no domain restrictions.
The definition of being parallel requires the same slope.
Answer:
$5
Step-by-step explanation:
25 = 4e + 5
20 = 4e
5 = e
reach eraser costs $5.
Answer:
$18,096 a year
Step-by-step explanation:
There are around 52 weeks in a year. You make $348 a week.
52 x 348 = $18,096
