Answer:
Dale would reach his goal with an annual interest rate of 6.18%.
Step-by-step explanation:
For compounding continuously, recall the following equation:
A = final amount ($4200)
P = principal amount ($2000)
r = rate (unknown)
t = time (12 years).
You'll have to use natural logs for these types of questions. Remember that ln (e) = 1.
See the work done in the attached file.
Hope this helps!
Answer: false false true true
Step-by-step explanation:
there is none
74/1,924
74 x 2= 148
192-148= 44
74 x 6= 444
444-444=0
26
Your answer is: 26
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Answer:
$186
Step-by-step explanation:
Find how much money she will have by adding 134 to her existing amount of $52:
52 + 134
= 186
So, after she makes the deposit, she will have $186 in her bank account