Answer:
(a) The future value after 9 years is $7142.49.
(b) The effective rate is
.
(c) The time to reach $13,000 is 21.88 years.
Step-by-step explanation:
The definition of Continuous Compounding is
If a deposit of
dollars is invested at a rate of interest
compounded continuously for
years, the compound amount is

(a) From the information given



Applying the above formula we get that

The future value after 9 years is $7142.49.
(b) The effective rate is given by

Therefore,

(c) To find the time to reach $13,000, we must solve the equation


Radius is normally used for a circle
in a circle, radius is the distance form the center of the circle to the outer edge of the circle
area=legnth times width or in square area=legnth times legneth
since this is a square and this is a math problem, we will assume that radius=1/2legnth so
if radius=16 then legnth =2 times 16=32
area=32 times 32=1042
area=1042 square cm or 1042 cm^2
Answer:
Cost of each daylilies = $3
Cost of each ivy pot = $3
Step-by-step explanation:
Given:
Cost of 4 daylilies and 4 ivy = $24
Cost of 4 daylilies and 8 ivy = $36
Find:
Cost of each daylilies
Cost of each ivy pot
Computation:
Assume;
Cost of each daylilies = a
Cost of each ivy pot = b
So,
4a + 4b = 24....... eq 1
4a + 8b = 36 ....... eq 2
Eq2 - Eq1
8b - 4b = 36 - 24
4b = 12
b = 3
So,
Cost of each ivy pot = $3
4a + 4b = 24
4a + 4(3) = 24
4a + 12
a = 3
Cost of each daylilies = $3
Answer:
<em>D.) 6 </em>
Step-by-step explanation:
<em>-3+2*6=9</em>
Answer:
Step-by-step explanation:
Are you in Calculus? These are calculus concepts!
To calculate the rate of change here you must specify an interval, e. g., "what is the rate of change on the interval (0, 3)?"
If you know calculus: The 'rate of change' on the interval (a, b) is
f(b) - f(a)
r. of c. = --------------------
b - a
Have you used this formula before?
Because of the 'x^2' term this is NOT a linear function.
If you want more explanation, provide an interval on which you want the average rate of change and ask specific questions of your own.