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deff fn [24]
3 years ago
5

How long does it take for a deposit of $900 to double at 2% compounded continuously?

Mathematics
1 answer:
nydimaria [60]3 years ago
4 0

9514 1404 393

Answer:

  • 34.6574 years
  • 34 years, 239.94 days

Step-by-step explanation:

For continuous compounding the "rule of 69" applies. That is the doubling time can be found from ...

  t = 69.3147/r . . . . where r is the interest rate in percent.

Here, r=2, so ...

  t = 69.3147/2 = 34.6574 . . . years

That's 34 years and 240 days.

You might be interested in
The amount of time people spend exercising in a given week follows a normal distribution with a mean of 3.8 hours per week and a
Travka [436]

Answer:

i and iii) In the figure attached part a we have the illustration for the area required for the probability of less than 2 hours and in b the illustration for the probability that X would be between 2 and 4

ii) P(X

And using the normal standard table or excel we got:

P(z

iv) P(2

And we can find the probability with the following difference and usint the normal standard distirbution or excel and we got:

P(-2.25

Step-by-step explanation:

Let X the random variable that represent amount of time people spend exercising in a given week, and for this case we know the distribution for X is given by:

X \sim N(3.8,0.8)  

Where \mu=3.8 and \sigma=0.8

Part i and iii

In the figure attached part a we have the illustration for the area required for the probability of less than 2 hours and in b the illustration for the probability that X would be between 2 and 4

Part ii

We are interested on this probability:

P(X

We can use the z score formula given by:

z=\frac{x-\mu}{\sigma}

Using this formula we have:

P(X

And using the normal standard table or excel we got:

P(z

Part iv

We want this probability:

P(2

Using the z score formula we got:

P(2

And we can find the probability with the following difference and usint the normal standard distirbution or excel and we got:

P(-2.25

3 0
4 years ago
Could someone help me out with this question?
SOVA2 [1]

The simplified form of the difference quotient of equation 9x^2+5x-1 . in the form 9x + 9h + 5.

In question for equation 9x^2+5x-1, simplified to difference quotient in the form of Ax+Bh+C where A, B, C are integers

<h3>What is equation?</h3>

equation is the relationship between variable and represented as  9x^2+5x-1  is example of polynomial equation.

We know that,
for difference quotient
=\frac{f(x+h)-f(x)}{h} \\\frac{9(x+h)^2+5(x+h)-1-9x^2-5x+1}{h}\\\frac{9h^2+9hx+5h}{h}\\9x+9h+5
While, compared with Ax+Bh+C
we have A=9, B=9, C=5.

Thus, The required value of difference Quotient in the form Ax+Bh+c where A, B and C is 9, 9 and 5 respectively

Learn more about equation here:
brainly.com/question/10413253

#SPJ1

6 0
2 years ago
which of the following ordered pairs is a solution of the equation -2y + 9 = -x? A.(2,5) B.(-3,15) C.(4,-1)
vlada-n [284]

Answer:

Step-by-step explanation:

-2y + 9 = -x

x - 2y = -9

Plug in each set of points and see if the equation holds true.

A. 2 - 2(5) = ?

B. -3 - 2(15) = ?

C. 4 - 2(-1) = ?

I don't think that any of them work.

4 0
3 years ago
(5.2c-7.35)+(-3.9c+2.65)
Effectus [21]

Answer:

1.3c - 4.69

Step-by-step explanation:

5.2 - 3.9 = 1.3

2.65 - 7.35 = -4.69

4 0
3 years ago
I'll give brainliest to whoever answers the question correctly!!!
Ne4ueva [31]
It’s c i took the test
5 0
3 years ago
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