|x| > -1 represents all real numbers.
With annual compounding, the number of years for 1000 to become 1400 is 6.7 years
With continous compounding, the number of years for 1000 to become 1400 is 1.35 years
<h3>How long would it take $1000 to become $1,400?</h3>
With annual compounding, the formula that would be used is:
(In FV / PV) / r
Where:
- FV = future value
- PV = present value
- r = interest rate
(In 1400 / 1000) / 0.05 = 6.7 years
With continous compounding, the formula that would be used is:
(In 1400 / 1000) / (In e^r)
Where r = interest rate
((In 1400 / 1000) / (In e^0.05) = 1.35 years
To learn more about how to determine the number of years, please check: : brainly.com/question/21841217
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Four hundred seventy and forty seven hundredth
She would be able to make 40 in one minute.
To find this, you just divide 120/3 to find how many in one minute.
