Answer:
It takes 22.52 years for the balance to triple in value.
Step-by-step explanation:
Continuous compounding:
The amount of money earned using continuous compounding is given by the following equation:
In which A(0) is the initial amount of money and r is the interest rate, as a decimal.
Interest rate of 5%.
This means that , and thus:
Time for the balance to triple?
This is t for which . So
It takes 22.52 years for the balance to triple in value.
Answer:
180 pages
Step-by-step explanation:
Since her photocopy session is 25 pages per minute, the total number of pages photocopied in 4 hour session can be calculated as;
number of pages = time × speed
= (4 × 60) × 25
= 240 ×25
= 6000 pages
Thus, number of pages photocopied in 4 hours is 6000.
For every 100 pages, 3 would contain some type of printing error. The number of pages she expect with printing error during 4 hour session can be determined as;
= × 3
= 60 × 3
= 180 pages
The expected number of pages with printing error during 4 hour photocopying session is 180 pages.