The starting value is 20,300, and the value is decreasing by 9.5% each year.
Because it decreases by 9.5% each year based on the previous amount, we use an exponential decay model.
A decrease by 9.5% corresponds to multiplying by 91.5% each year.
We write . We plug in 11 years for t.
$7,671.18
Answer:
19.8%
Step-by-step explanation:
We have the following formula for continuous compound interest:
A = P * e ^ (i * t)
Where:
A is the final value
P is the initial investment
i is the interest rate in decimal
t is time.
The time can be calculated as follows:
25 - 18 = 7
That is, the time corresponds to 7 years. In addition, A is 20,000 for A and P would be 5,000, we replace:
20000 = 5000 * e ^ (7 * i)
20000/5000 = e ^ (7 * i)
e ^ (7 * i) = 4
ln e ^ (7 * i) = ln 4
7 * i = ln 4
i = (ln 4) / 7
i = 0.198
Which means that the rounded percentage will be 19.8% per year
Answer:
B should be the answer but it could but C
Answer:
Step-by-step explanation:
The idea here is to be able to write and then solve the equation needed for this. In words, this is what you are looking to solve: "The active ingredinet is 45% of the mass of the pill". Putting those words into an equation:
active ingredient = .45 (mass of pill). Since our active ingredient is 35 mg:
325 = .45m and divide by .45:
m = 722.2 mg
That is =
(42.1/100)*37.5
=(421/1000)*(375/10)
=(157875/10000)
=15.7875
=15.8
=16