Answer:
3.05
Step-by-step explanation:
12x104= 1,248
4x102= 408
1248/408-3.05
The answer is 2 22/49 you divide 240 by 98 which gives you 2 44/98 but you have to simplify it down to 2 22/49
Answer:
Square root 112 Units.
Step-by-step explanation:
See the image attached for the work.
With annual compounding, the number of years for 1000 to become 1400 is 6.7 years
With continous compounding, the number of years for 1000 to become 1400 is 1.35 years
<h3>How long would it take $1000 to become $1,400?</h3>
With annual compounding, the formula that would be used is:
(In FV / PV) / r
Where:
- FV = future value
- PV = present value
- r = interest rate
(In 1400 / 1000) / 0.05 = 6.7 years
With continous compounding, the formula that would be used is:
(In 1400 / 1000) / (In e^r)
Where r = interest rate
((In 1400 / 1000) / (In e^0.05) = 1.35 years
To learn more about how to determine the number of years, please check: : brainly.com/question/21841217
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Answer:
C.) P(5, H) = 1/12
Step-by-step explanation:
