I think it would be the second one
Answer:
It'll take 7.5967 years to have $300 on that account.
Step-by-step explanation:
This problem involves a compounded interest compounded continuously, so in order to solve it we must use the formula for those cases as shown below:
M = C*e^(i*t)
Where M is the final value, C is the initial capital, i is the interest rate and t is the total time. We have:
300 = 250*e^(0.024*t)
e^(0.024*t) = 300/250
e^(0.024*t) = 1.2
0.024*t = ln(1.2)
t = ln(1.2)/0.024 = 7.5967
It'll take 7.5967 years to have $300 on that account.
Answer:
27 3/32
Step-by-step explanation:
The true statement is the circle has the radius equal to 7.
<h3>What is Equation of circle?</h3>
The general equation for a circle is (x-h)² + (y-k)² = r², where ( h, k ) is the center and r is the radius.
As, standard form of equation of circle is
(x-h)² + (y-k)² = r²
At origin, equation of circle will be
(0-h)² + (0-k)² = r²
r² = x² + y²
Now, The line intersects the circle at (0,7)
r² = 0² + 7²
r² =49
r=7.
Hence, the circle has the radius equal to 7.
Learn more about this concept here:
brainly.com/question/11702700
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Step-by-step explanation:
