Answer:
31 years to triple the investment
Step-by-step explanation:
Initial investment = 300
Triple amount that is final amount = 300*3= 900
rate of interest = 3.5 % = 0.035
we need to find out number of years (t)
for compounded continuously we use formula
A is the final amount
P is the initial amount
r is the rate of interest
t is the number of years
Divide both sides by 300
take 'ln' on both sides
ln(3) = 0.035t ln(e)
ln(e)= 1
t= 31.3889
Round to nearest whole number
t= 31 years
The speed of wind and speed of plane in still air are 23 and 135 km/h respectively.
<u>Step-by-step explanation:</u>
Let the speed of wind and speed of plane in still air are w and p km/h respectively.
The effective speed on onward journey was
................(1)
The effective speed on return journey was
..............(2)
Adding equation (1) and equation (2) we get,
⇒
⇒
⇒
Putting value of in
we get:
⇒
⇒
⇒
Therefore ,The speed of wind and speed of plane in still air are 23 and 135 km/h respectively.