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.
Answer:
B
Step-by-step explanation:
(+)x(-)=(-)
(-)x(-)=(+)
4*d^(-3)*d^18 = 4*d^(18-3) = 4*d^(15). The trick here is to combine the exponents.
Another way to write this problem would be:
4*d^18
---------- . Here d^18 divided by d^3 results in d^15, so again the final
d^3 answer is 4*d^15.
Answer:
Hello,
Step-by-step explanation:
Q.5(b) The population {(P) in millions} of a country is estimated by the function, P=125e0.035t, t = time measured in years since 1990. (a) what is the population expected to equal in year 2000 (b) determine the expression for the instantaneous rate of change in the population (c) what is the instantaneous rate of change in the population expected to equal in year 2000.