The answer would be 100/101 if we follow according to the rule on which the sequence is based on!
Answer:
Step-by-step explanation:
Given
Required
Determine the average change
This is calculated as follows:
This gives:
Convert to improper fractions
Convert to multiplication
Answer:
5.93 years
Step-by-step explanation:
The continuous compounding formula tells you the amount after t years will be ...
A = Pe^(rt) . . . . principal P compounded continuously at annual rate r for t years
7400 = 5500e^(0.05t)
ln(7400/5500) = 0.05t . . . . divide by 5500, take natural logs
t = 20×ln(74/55) ≈ 5.93
It will take about 5.93 years for $5500 to grow to $7400.
Answer:
17
Step-by-step explanation:
fug hr rn htghttthhuyyyyyyyyygggyt
