Answer:
13.86
Step-by-step explanation:
formula for cont. compounding interest is
Amount = Principal * e^rt
in this case the principal is 5000, and the amount is 10000 (double). the rate is 5% or 0.05. and t is what we are solving for.
sub in to get:
10000 = 5000e^0.05t
2 = e^0.05t
now convert to log form.
ln 2 = 0.05t
ln 2 / 0.05 = t
punch that into your calculator and you get 13.86 years
Answer:
B
Step-by-step explanation:
The pattern is to add 4 each time. So 17+4 is 21, 21+4 is 25, and 25+4 is 29
Answer:
5x + 100
Step-by-step explanation:
(2x + 6) x 2 = 4x + 12
14x + 8 - 4x + 12 =
10x + 20 / 2 =
5x + 100
Hope that helps!
1. 2/7
2. 2/15
3. 5/24
4. 2/11
