Approximately how long will it take for $700 to double if it is invested at 4% annual
1 answer:
Answer: 17 years
Step-by-step explanation:
Exponential equation for compund amount( compunded continuously):
, where P= Principal value , r= rate of interest , t= time.
Given: A= 2P
r =4%= 0.04
To find : t
Substitute all values in the formula , we get
Taking natural log on both sides
hence, it will take 17 years (approx).
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Since a calculator is involved in finding the answer, it makes sense to me to use a calculator capable of adding vectors.
The airplane's ground speed is 158 mph, and its heading is 205.3°.
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A diagram can be helpful. You have enough information to determine two sides of a triangle and the angle between them. This makes using the Law of Cosines feasible for determining the resultant (r) of adding the two vectors.
.. r^2 = 165^2 +15^2 -2*165*15*cos(60°) = 24975
.. r = √24975 ≈ 158.03
Then the angle β between the plane's heading and its actual direction can be found from the Law of Sines
.. β = arcsin(15/158.03*sin(60°)) = 4.7°
Thus the actual direction of the airplane is 210° -4.7° = 205.3°.
The ground speed and course of the plane are 158 mph @ 205.3°.
The airplane's ground speed is 158 mph, and its heading is 205.3°.
_____
A diagram can be helpful. You have enough information to determine two sides of a triangle and the angle between them. This makes using the Law of Cosines feasible for determining the resultant (r) of adding the two vectors.
.. r^2 = 165^2 +15^2 -2*165*15*cos(60°) = 24975
.. r = √24975 ≈ 158.03
Then the angle β between the plane's heading and its actual direction can be found from the Law of Sines
.. β = arcsin(15/158.03*sin(60°)) = 4.7°
Thus the actual direction of the airplane is 210° -4.7° = 205.3°.
The ground speed and course of the plane are 158 mph @ 205.3°.