Ask question

Ask question

All categories

3 years ago

14

$1000 is invested in an account at interest rate r=0.045, compounded continuously. Find the time required for the amount to doub

le

1 answer:

natulia [17]3 years ago

3 0

Answer:

The formula you'll need is:

Years = ln (total / principal) / rate

ln means natural log

Years = ln (2,000 / 1,000) / .045

Years = ln (2) / .045

Years = 0.69314718056 / .045

Years = 15.4033

Step-by-step explanation:

You might be interested in

Can someone help me on this

Keith_Richards [23]

Answer:

39V3 Sq.units of that will help you

5 0

3 years ago

True or False:<br><br> An improper fraction will equal greater than 100 percent.

Ivan

True I did this in class

6 0

3 years ago

The ratio of students who prefer comedic plays to students who prefer romantic plays in the drama club is 2 to 3. If all student

masha68 [24]

Answer:

A

Step-by-step explanation:

2 to 3 means that the ratio of romantic students has a numerator of 3. If there is a numerator of 3 the denominator has to be 5 because 2+3 is five if the fraction is 3/5, then the answer is A.

4 0

3 years ago

Classify the polynomial as a monomial, a binomial, a trinomial, or none of these.

morpeh [17]

Idknskaksyhaakkaigavabajagagvabaa

7 0

3 years ago

CAN ANYONE HELP????

Liula [17]

This can be modeled as:

P(y)=6X10^9(1.014)^(y-2000)

P(2010)=6,894,944,907

P(2075)=17,021,501,805

P(2120)=31,820,415,782 (all to the nearest whole person :) )

7 0

3 years ago