a. An asset that generates $7200 yearly income if the interest rate 5% compounded continuously, then its capital value is $140433.002
b. An asset that generates $7200 yearly income if the interest rate 10% compounded continuously, then its capital value is $68460.59
<u>Step-by-step explanation:</u>
For continuously compound interest
---------------> eq.1
Where
P = principal amount (initial investment)
r = annual interest rate (as a decimal)
t = number of years
A = amount after time t.
Let’s solve the equation
Where,
P is unknown
A = P + 7200 (asset after 1 year) ---------------> eq. 2
<u>Case A:
</u>

t = 1 (1 year)
Substitute all values in the formula (2) using the formula (1),






<u>Case B:</u>

t = 1 (1 year)
Substitute all values in the formula (2) using the formula (1),






Number 7 I believe the answer is 74.
Answer:
1 9/50
Step-by-step explanation:
So, /(100÷2) = 59/50 when reduced to the simplest form. As the numerator is greater than the denominator, we have an IMPROPER fraction, so we can also express it as a MIXED NUMBER, thus 118/100 is also equal to 1 9/50 when expressed as a mixed number.
Answer:
(x-1)² = 3
Step-by-step explanation:
Given f(x)=x²−2x−2
Completing x²−2x−2 = 0 to square
- x²−2x − 2=0
- x²−2x + 1 - 3 =0
- (x - 1)² - 3 = 0
- (x - 1)² = 3
Correct choice is D
Answer:
F) 6/5
Step-by-step explanation:
6 divided by 5 = 6/5