With annual compounding, the number of years for 1000 to become 1400 is 6.7 years
With continous compounding, the number of years for 1000 to become 1400 is 1.35 years
<h3>How long would it take $1000 to become $1,400?</h3>
With annual compounding, the formula that would be used is:
(In FV / PV) / r
Where:
- FV = future value
- PV = present value
- r = interest rate
(In 1400 / 1000) / 0.05 = 6.7 years
With continous compounding, the formula that would be used is:
(In 1400 / 1000) / (In e^r)
Where r = interest rate
((In 1400 / 1000) / (In e^0.05) = 1.35 years
To learn more about how to determine the number of years, please check: : brainly.com/question/21841217
#SPJ1
Answer:
i cant help without the graph
Step-by-step explanation:
Next time plz trytoshow the graph if you'd like me to answer
(6(x^2-1))*((6x-1)/(6(x+1))
(6((x+1)(x-1)))((6x-1)/(6(x+1))
(6(x-1))*(6x-1)/(6)
(x-1)(6x-1)
6x^2-x-6x+1
6x^2-7x+1
