So if we take 29.5 to be the 100%, what is 10.03 in percentage?
Answer:
$24,498,509.74
Step-by-step explanation:
The formula for the value as a function of time is ...
V(t) = P·e^(rt)
Filling in the numbers and doing the arithmetic, we have ...
V(35) = 3,000,000·e^(0.06·35) ≈ 24,498,509.74
Compounded continuously for 35 years, the investment will be worth $24,498,509.74.
The <em>correct answer</em> is:
$19,153.26.
Explanation:
She will receive 42% of her average annual salary. This salary was $45,603.
To find 42% of a number, we first convert the percent to a decimal: 42% = 42/100 = 0.42.
Next we multiply this by the number we're taking the percent of:
0.42(45603) = 19153.26.
Answer:
2.5
Step-by-step explanation:
12/4.8
Answer:
Some of the applications for exponential functions are:
1. model populations
2. carbon date artifacts
3. compound interest
hope this helps!
