Answer:
Step-by-step explanation:
Exponential function representing final amount with compound interest compounded continuously,
Here, A = Final amount
P = principal amount
r = Rate of interest
t = Duration of investment
For P = $9600
r = 6%
A = 2 × 9600 = $19200
By substituting these values in the formula,
ln(2) = 0.06t
t = 
t = 11.55245
t ≈ 11.5525 years
Any amount will get doubled (with the same rate of interest and duration of investment) in the same time.
Therefore, $960000 will get doubled in 11.5525 years.
Answer:
-12
Step-by-step explanation:
When you multiply a positive by a negative, the answer is always a negative. If you multiply two negatives, the answer is always positive. If you multiply 2 positives, the answer will always be positive.
Answer:
x=9
Step-by-step explanation:
Remove the radical by raising each side to the index of the radical.
Answer:226.08 cubic feet
Step-by-step explanation:
π=3.14
Radius(r)=6feet
Height(h)=2feet
volume=π x r^2 x h
Volume=3.14 x 6^2 x 2
Volume=3.14 x 6 x 6 x 2
Volume=226.08
Answer:
$13,400
Step-by-step explanation:
Simple Interest = principal × rate × time
principal= $9000
Rate= 12/100=0•12
Time=5years
Simple interest =PRT
= 9000× 0•12 × 5
= 5400
Total amount to be paid = 9000 + 5400
= $13400
