Answer: the interest rate is 6%
Step-by-step explanation:
The formula for continuously compounded interest is
A = P x e (r x t)
Where
A represents the future value of the investment after t years.
P represents the present value or initial amount invested
r represents the interest rate
t represents the time in years for which the investment was made.
e is the mathematical constant approximated as 2.7183.
From the information given,
A = $4482
P = 1000
t = 25 years
Therefore,
4482 = 1000 x 2.7183^(r x 25)
4482/1000 = 2.7183^25r
4.482 = 2.7183^25r
Taking ln of both sides, it becomes
Ln 4.482 = 25rLn2.7183
1.5 = 25r
r = 1.5/25 = 0.06
r = 0.06 × 100 = 6%
Answer:
no, because the runner is short by 480 feet
Step-by-step explanation:
there are 5280 feet in 1 mile
5280 feet= 1 mile 20 feet= 1 second (times by 240)
4800 feet= 240 seconds
he is 5280-4800= 480 feet less
please give me brainliest!!<3
3b) 4 tickets/$16 = 0.25 tickets/$1
4a & 4b) You didn’t provide a photo of the problems that I need to solve them
4c) ($4/1 ticket) x (1000 tickets) = $4000
The basic unit of length in the metric system is the meter. Grams are
used to measure weight and liter is used to measure liquid capacity
besides, it is used so that you can express very large and very small numbers in a short
unambiguous manner.
Example Instead of saying "three thousand
million" meters
They classify the decimal place of the basic unit. ie, the meter is
classified with milli (1/1000), centi(1/100), deci (1/10), Deca (10),
Hecto (100), Kilo (1000).
