3 years ago

I think I got the answer but I need someone to help

Mathematics

1 answer:

GuDViN [60]3 years ago

3 0

That’s a hard one for sure but I would say six

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Estimate. Then find the product 7 x 456

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Use the continuous compound interest formula to find the indicated value. A $94,000; P $78,870; r= 7.8%; t =? t= years (Do not r

Marta_Voda [28]

Answer:

time period (t) is 2.25 years

Step-by-step explanation:

Given data in question

amount (a) = $94000

principal (p) = $78870

rate (r) = 7.8 % = 0.078

to find out

time period (t)

solution

we know that continuous compound interest formula i.e.

amount = principal $e^{rt}$ ...............1

we will put all value a, p and r in equation 1

amount = principal $e^{rt}$

94000 = 78870 $e^{0.078t}$

$e^{0.078t}$ = 94000 / 78870

now we take ln both side

ln $e^{0.078t}$ ln (94000 / 78870)

0.078 t = ln 1.19183466

0.078 t = 0.175494

t = 0.175494 /0.078

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I need help with this...

Korvikt [17]

Answer:

b=5.76or 576

c=2.4 or 0.024

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