Answer:
Number of year = 13 year and 6 month approx.
Step-by-step explanation:
Given:
Amount invested = $80,000
Rate of interest = 6% compounded continuously
Future value of investment = $175,600
Find:
Number of year
Computation:
Future value of investment = Amount invested[1 + Rate of interest]ⁿ
175,600 = 80,000[1+6%]ⁿ
175,600 = 80,000[1+0.06]ⁿ
175,600 = 80,000[1.06]ⁿ
Number of year = 13.492 year
Number of year = 13 year and 6 month approx.
<u><em>It can't be simplified!</em></u>
You can always treat such examples as an equation;
(90+96+86+92+X)/5=90
X is the desired score, 5 is the number of tests. As you can see, it is the usual equation for getting the mean value which the sum of the values over their number.
now; 90+96+86+92+X=90*5
X=90*5-(90+96+86+92)
X=86.
Hope this helps.
Answer:
0
Step-by-step explanation:
In y = mx+b, m is the slope.
Here, we have y = 0x + 5
slope is 0
Or, y =5 is just a horizontal line, so the slope is 0