Based on the interest rate and continuous compounding, the investment would double in value after 18.5 years.
We have given that,
investment to double at a 3 3/4% interest rate,
<h3>When will the investment double in value?</h3>
The future value using continuous compounding is:
= Amount x e ^ (rate x time)
Interest is
= 3.75%
<h3>What is the formula of an exponential function?</h3>
2 = e ^ (0.0375 x time)
In2 = 0.0375 x time
t = In2 / 0.0375
t= 18.5 years
To learn more about the compounded continuously visit:
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Answer:
m = 0 , this is a horizontal line, y = 5
Step-by-step explanation:
Find the slope of the line that passes through the pair of points
(-3,5),
(-4,5) m = 0/1 = 0
m=y2-y1/x2-x1
m = 0 , this is a horizontal line, y = 5
Hopefully that helps!!!!!
<span>-5.238 is what i got</span>
Answer:
-7+y=-17
y = -10
−7−10
=−7+−10
=−17
Step-by-step explanation:
Answer:
And replacing we got:
Step-by-step explanation:
For this case we have the following info given:
represent the sample size selected
represent the population proportion
We want to find the standard error and we can use the distribution for the sample proportion and for this case since the sample size is large enough and we satisfy np>10 and n(1-p) >10 we have:
And the standard error is given;
And replacing we got: