Answer: In 2008 the population was 21,525,144
Step-by-step explanation:
You need to use the following formula for Exponential decay:
Where is the initial population in the year 0,
is the rate of decay and
is the time.
In this case, you can identify that:
Therefore, substituting these values into the formula for Exponential decay, you get:
Then, in 2008 the population was 21,525,144
Answer:
6
Step-by-step explanation:
Total number of subsets is given as
But the subset of a set consists of the proper subsets, an empty set and the set itself.
Total number of subsets are 64
Therefore,
Comparing both sides
Answer:
The principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Step-by-step explanation:
Given
To determine:
Using the formula
substituting A = 1000000, r = 0.06, t = 45, and n = 12
$
Therefore, the principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.