r = continuous growth rate
revenue t years after 2013 = 54.5×10⁹×e^(rt)
74.6×10⁹ = 54.5×10⁹×e^(2r)
e^(2r) = 74.6/54.5
2r = ln(74.6/54.5)
r = ½ln(74.6/54.5) ≅ 0.15697 = 15.697% per year
Hope this helps!
Answer:
A
Step-by-step explanation:
find there common denominator which is 40
multiply 3 by 8 and 7 by 5 to get 24 and 35
35-24=11
11/40
18-7=11
11 11/40
Tami thought that the perimiter is length plus width, which gave her 100. The actual width is 20
The amount needed such that when it comes time for retirement is $2,296,305. This problem solved using the future value of an annuity formula by calculating the sum of a series payment through a specific amount of time. The formula of the future value of an annuity is FV = C*(((1+i)^n - 1)/i), where FV is the future value, C is the payment for each period, n is the period of time, and i is the interest rate. The interest rate used in the calculation is 4.1%/12 and the period of time used in the calculation is 30*12 because the basis of the return is a monthly payment.
FV = $3,250*(((1+(4.1%/12)^(30*12)-1)/(4.1%/12))
Answer:
2 hours and 47 minutes.
Step-by-step explanation:
If it makes it easier then translate it to normal time.
10:45 pm and 1:32 am.
2 hrs and 47 minutes.
