Answer:
Part a. t = 7.29 years.
Part b. t = 27.73 years.
Part c. p = $3894.00
Step-by-step explanation:
The formula for continuous compounding is: A = p*e^(rt); where A is the amount after compounding, p is the principle, e is the mathematical constant (2.718281), r is the rate of interest, and t is the time in years.
Part a. It is given that p = $2000, r = 2.5%, and A = $2400. In this part, t is unknown. Therefore: 2400 = 2000*e^(2.5t). This implies 1.2 = e^(0.025t). Taking natural logarithm on both sides yields ln(1.2) = ln(e^(0.025t)). A logarithmic property is that the power of the logarithmic expression can be shifted on the left side of the whole expression, thus multiplying it with the expression. Therefore, ln(1.2) = 0.025t*ln(e). Since ln(e) = 1, and making t the subject gives t = ln(1.2)/0.025. This means that t = 7.29 years (rounded to the nearest 2 decimal places)!!!
Part b. It is given that p = $2000, r = 2.5%, and A = $4000. In this part, t is unknown. Therefore: 4000 = 2000*e^(2.5t). This implies 2 = e^(0.025t). Taking natural logarithm on both sides yields ln(2) = ln(e^(0.025t)). A logarithmic property is that the power of the logarithmic expression can be shifted on the left side of the whole expression, thus multiplying it with the expression. Therefore, ln(2) = 0.025t*ln(e). Since ln(e) = 1, and making t the subject gives t = ln(2)/0.025. This means that t = 27.73 years (rounded to the nearest 2 decimal places)!!!
Part c. It is given that A = $5000, r = 2.5%, and t = 10 years. In this part, p is unknown. Therefore 5000 = p*e^(0.025*10). This implies 5000 = p*e^(0.25). Making p the subject gives p = 5000/e^0.25. This means that p = $3894.00(rounded to the nearest 2 decimal places)!!!
Answer:
The absolute error of the measurement is 0.25 inches
Step-by-step explanation:
we know that
The absolute error of a measurement is equal to one half the unit of measure.
In this problem we have
7.5 inches
The measurement is given by 0.5 inches
So
the absolute error of this measurement is
Therefore
the exact measurement could be between
7.5 (+/-) 0.25 in
That is, between 7.25 in and 7.75 in
Answer:
-274
Step-by-step explanation:
Answer: C
Step-by-step explanation:
We know that 
, and thus by the exterior angle theorem,
Thus, 
Answer:
1/6
Step-by-step explanation:
LCD = 96
2(32) - 16(3)/ 3(32) = 64 - 48/96
= 16/96
Simplify:
16/ 16 = 1
96/16 = 6
2/3 - 16/32 = 1/6
Sorry if my work might seem confusing. If it is, then try searching "fraction calculator." It really helps :)
