Answer:
28.5 inches
Step-by-step explanation:
PLS GIVE ME BRAINILIEST IF IT'S CORRECT!
So, we have that the final value of the zero coupon bond after ten years will be 3000$. The TIPS mature after 10 years, but the interest will be calculated only for 5 years. Each year of interest, the TIPS gains 2%*2500=2*25=50$. Hence the TIPS gains 50$ for each year of interest. Since the interest is not compounding, it will gain 5*50=250$ in value. Hence its total value after ten years is 2500+250=2750$. The total maximum value of the two assets combined is 3000+2750=5750$ and it is attained after 10 years. If one things that money is more important now than in 10 years, the assets could be sold at a lower price; nonetheless their max value never exceeds choice d)=5.750$
Answer:
- f(t) = 6000*1.03^t
- k = 0.0295588
Step-by-step explanation:
The formula for exponential growth can be written a couple of different ways. One I prefer uses the problem numbers directly:
population = (initial population) × (growth factor)^t
Here, the initial population is 6000, and the growth factor is 1+3% = 1.03. Then the function can be written as ...
f(t) = 6000·1.03^t
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Another way to write the function is using the form ...
f(t) = (initial population) × e^(kt)
where k is the natural logarithm of the growth factor. In this form, we have ...
k = ln(1.03)
k ≈ 0.0295588
so the function would be written ...
f(t) = 6000·e^(0.0295588t)
The answer would be 6 million, or 6,000,000.
