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ella [17]
3 years ago
8

The Hamilton Brush Company issued 2,500 shares of common stock worth $100,000.00 total. What is the par value of each share?

Mathematics
1 answer:
kiruha [24]3 years ago
3 0
You would divide the total amount of $100,000.00 by the number of shares 2,500 to get the solution of $40.00 per share
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Using an exponential function, it is found that the Tequesta settlement is 1845 years old.

<h3>What is an exponential function?</h3>

The exponential equation for a decaying amount of a substance is given by:

A(t) = A(0)e^{-rt}

In which:

  • A(0) is the initial value.
  • r is the decay rate, as a decimal.

Researching on the internet, the half-life of carbon 14 is of 5,730 years, hence A(5730) = 0.5A(0), which we use to find r.

A(t) = A(0)e^{-rt}

0.5A(0) = A(0)e^{-5730r}

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r = -\frac{\ln{0.5}}{5730}

r = 0.00012096809

Hence, the equation is:

A(t) = A(0)e^{-0.00012096809t}

The wood chips were found to contain 80% of the atmospheric carbon-14, hence we have to find t for which A(t) = 0.8A(0).

A(t) = A(0)e^{-0.00012096809t}

0.8A(0) = A(0)e^{-0.00012096809t}

e^{-0.00012096809t} = 0.8

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-0.00012096809t = \ln{0.8}

t = -\frac{\ln{0.8}}{0.00012096809}

t = 1845

The Tequesta settlement is 1845 years old.

You can learn more about exponential functions at brainly.com/question/25537936

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