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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From the graph attached below, we can see that the graph of g(x) is the graph of f(x) shifted 6 units up. the correct option is C.
<h3>How to know if a point lies in the graph of a function?</h3>All the points (and only those points) which lie on the graph of the function satisfy its equation.
Thus, if a point lies on the graph of a function, then it must also satisfy the function.
Given;
Suppose that g(x) = f(x) + 6.
From the graph attached below, we can see that the graph of g(x) is the graph of f(x) shifted 6 units up.
Hence, the correct option is C.
Learn more about points lying on the graph of a function here:
The complete question is
"Suppose that g(x) = f(x) + 6. Which statement best compares the graph of g(x) with the graph of f(x)?
A) The graph of g(x) is the graph of f(x) shifted 6 units down.
B) The graph of g(x) is the graph of f(x) shifted 6 units to the left.
C) The graph of g(x) is the graph of f(x) shifted 6 units up.
D. The graph of g(x) is the graph of f(x) shifted 6 units to the right."
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