Answer:So, since it is continuously, we need to think of PERT
A=P\times e^{rt}
So, we just plug our numbers in to solve for T
8000=4000e^{.07t}\\\ln(8000)=\ln(4000e^{.07t})\\\ln(8000) = \ln(4000) + \ln(e^{.07t})\\\ln(8000)=\ln(4000)+.07t\ln(e)\\\ln(8000)=\ln(4000)+.07t\\\frac{\ln(8000)}{\ln(4000)}=.07t\\\frac{\ln(8000)}{.07\ln(4000)}=t\\ 15.479=t
It will take 15.479 years
Step-by-step explanation:
Answer:
Stuck In same question Jinx
Step-by-step explanation:
Answer: $11,970
Step-by-step explanation: 10,000 + (1) 7.00% = 11,970
Answer:
c≈15.07
Step-by-step explanation:
c=a2+b2=11.12+10.22≈15.07481