Answer:
<h2>
$31,745</h2>
Step-by-step explanation:
Compound continuously:
FVn = PV x e^rn
where
PV = $20,000
r = 3.85%
n = 12 years
plugin values into the formula:
FV₁₂ = $20,000 x e ⁰°⁰³⁸⁵ ⁽¹²⁾
FV₁₂ = $31,745
<u>ANSWER</u>
<u>EXPLANATION</u>
Given 
and
We want to find
This means we substitute the function 
in to another function 
and evaluate.
This implies that;
We expand the parenthesis to obtain;
We simplify further to obtain;
Hence the correct answer is A
Answer:
Kabuls = 7.5
Carumpts= 0.85
Step-by-step explanation:
Let x represent the price of kabuls
Let y represent the price of carumpts
8x + 2y= 61.70......equation 1
3x + 10y= 31.........equation 2
Multiply equation 1 by 3 and equation 2 by 8
24x + 6y= 185.1
24x + 80y= 248
-74y = -62.9
y= 62.9/74
y= 0.85
Substitute 0.85 for y in equation 1
8x + 2(0.85) = 61.70
8x + 1.7= 61.70
8x = 61.70-1.7
8x = 60
x= 60/8
x= 7.5
Hence the dollar value for kabuls is 7.5 and carumpts is 0.85
