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Black_prince [1.1K]
3 years ago
15

Peyton is going to invest $9,700 and leave it in an account for 16 years. Assuming the interest is compounded continuously, what

interest rate, to the nearest tenth of a percent, would be required in order for Peyton to end up with $14,100?
Mathematics
1 answer:
Mariulka [41]3 years ago
5 0

Answer: r ≈ 2.3%

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

It should be noted that the orthogonal projection of a vector B onto A is given by a given formula known as:

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Now moving forward to the proof,,

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Now, substituting equation (2) into (5),

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a. ortho (ab) = a.b - a.b

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