Answer: the interest rate is 6%
Step-by-step explanation:
The formula for continuously compounded interest is
A = P x e (r x t)
Where
A represents the future value of the investment after t years.
P represents the present value or initial amount invested
r represents the interest rate
t represents the time in years for which the investment was made.
e is the mathematical constant approximated as 2.7183.
From the information given,
A = $4482
P = 1000
t = 25 years
Therefore,
4482 = 1000 x 2.7183^(r x 25)
4482/1000 = 2.7183^25r
4.482 = 2.7183^25r
Taking ln of both sides, it becomes
Ln 4.482 = 25rLn2.7183
1.5 = 25r
r = 1.5/25 = 0.06
r = 0.06 × 100 = 6%
The value of x should be greater than or equal to -2. The number line from -2 to the entire right till ∞ of the number line will satisfy this condition.
<h3>What is a number line?</h3>
A number line is just that – a straight, horizontal line with numbers placed at even increments along the length. It’s not a ruler, so the space between each number doesn’t matter, but the numbers included on the line determine how it’s meant to be used.
The value of x that will satisfy this condition can be found by simplifying the given inequality. Therefore, The given inequality can be simplified as,
4x + 1 - 1 ≥ -8
4x ≥ -8
x ≥ -2
Hence, the value of x should be greater than or equal to -2. The number line from -2 to the entire right till ∞ of the number line will satisfy this condition.
Learn more about the Number line:
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Answer:
Step-by-step explanation:4n+3=60
Answer:
365.76
Step-by-step explanation:
If 2 feet is 60.96, then 1 foot is 30.48.
30.48 times 12 = 365.76
365.76 centimeters is the answer.
Hope this helps!
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Answer:
$1.51
Step-by-step explanation:
take 4.26 and subtract 2.75.
