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spayn [35]
2 years ago
10

find the amount of time to the nearest day it would take a deposit of $2500 to grow to $1 million at 2% compounded continuously.

find how many days & years
Mathematics
1 answer:
castortr0y [4]2 years ago
8 0

Answer:

Years = natural log (Total / Principal) / Rate

Years = natural log (1,000,000 / 2,500) / .02

Years = natural log (400) / .02

Years =  5.9914645471 / .02

It would take  299.573227355 Years

Source: http://www.1728.org/rate2.htm

Step-by-step explanation:

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2 years ago
Label the vertices and state the Pythagorean Theorem for the following right triangle. Find x.
Ganezh [65]

Answer:

Pythagorean Theorem Statement is below.

Therefore the value of x is 9 m.

Step-by-step explanation:

Given:

Label the vertices as A , B , C shown in figure below such that

∠A = 90°

AC = Longer leg = 12 m

AB = Shorter leg = x

BC = Hypotenuse = 15 m

To Find:

x = ?

Solution:

Pythagorean Theorem :

Pythagorean Theorem States that "the square of the length of the hypotenuse of a right triangle equals the sum of the squares of the lengths of the other two sides".

Which can be Written as

(\textrm{Hypotenuse})^{2} = (\textrm{One Side})^{2}+(\textrm{Other Side})^{2}

OR

(\textrm{Hypotenuse})^{2} = (\textrm{Shorter leg})^{2}+(\textrm{Longer leg})^{2}

i.e (BC)^{2}=(AB)^{2}+(AC)^{2}

Substituting the values AB ,AC, BC we get

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Therefore the value of x is 9 m.

4 0
3 years ago
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