How long will it take for an investment of $1000 to double in value if the interest rate is 8.5% per year, compounded continuous
1 answer:
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The point-slope form:
m - slope
The formula of a slope:
We have the points (-2, 3) and (1, -3). Substitute:
The standard form: Ax + By = C. Convert:
<em>use distributive property</em>
<em>subtract 3 from both sides</em>
<em>add 2x to both sides</em>