Answer:
5.93 years
Step-by-step explanation:
The continuous compounding formula tells you the amount after t years will be ...
A = Pe^(rt) . . . . principal P compounded continuously at annual rate r for t years
7400 = 5500e^(0.05t)
ln(7400/5500) = 0.05t . . . . divide by 5500, take natural logs
t = 20×ln(74/55) ≈ 5.93
It will take about 5.93 years for $5500 to grow to $7400.
Answer:
<h2>
<em>C. 28</em></h2>
Step-by-step explanation:
290-10=280
280 is one standard deviation below.
All that are above mean is 50%.
One standard deviation below is 34%.
50%+34%=84% all of these bags weigh more than 280 g.
So,
100%-84%=16% should be bags that are less than 280 g.
Answer is b) 16 %.
