Answer:
Therefore the value of bond will triple after 17.72 years.
Step-by-step explanation:
The formula of Compounded continuously

A= Amount after t year
P= initial amount
r = rate of interest
t= time in year.
Given that,
Jacobs college saving are invested in bond that pay 6.2% compounded continuously.
Let after t years the initial amount P will be triple i.e 3P.
Here P=P, A=3P, r= 6.2%=0.062

[ Multiply
both sides]
Taking ln both sides

[ since
]

years
Therefore the value of bond will triple after 17.72 years.
Answer:
d = v/53
Step-by-step explanation:
Divide both sides by 53 to make d the subject of the formula
Answer:
32 blocks are in the container
Step-by-step explanation:
Answer:
Step-by-step explanation:
y + 3 = 5/3(x - 2)
y + 9/3 = 5/3x - 10/3
y = 5/3x - 19/3
x = -3 y= -2 would be your answer