Answer:
- 1. <em>For the amount to double</em>: <u>9.37 years</u>
- 2. <em>For the amount to triple</em>: <u>14.85 years</u>
Explanation:
The equation for continuosly compounded interest is:
Where:
- P is the amount that you invest today: $1,300
- F is the value after t years: the double or triple of $1,300
- r is the annual interest rate: 0.074
<u>1. For the amount to double:</u>
Substitute the values and solve for t:

<u>2. For the amount to triple:</u>
<u />

The economic growth in the recruitment letter was demonstrated as a result of industrial production.
<h3>What is economic growth?</h3>
A stable uplift in the economic conditions, in comparison to the previous economic period(s), is regarded as an economic growth. It is driven by many external factors.
In the recruitment letter, it was found that the increase in the industrial productivity led to extreme economic growth in the United States of America.
Hence, the reasons for the economic growth have been aforementioned.
Learn more about economic growth here:
brainly.com/question/11679822
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Increased taxes are not a result of the federal government spending more
than it earns. The correct answer between all the choices given
is the last choice. I am hoping that this answer has satisfied your query and
it will be able to help you in your endeavor, and if you would like, feel free
to ask another question.
Answer:
A lot of information is missing, so I looked for similar questions:
- 1,064 yd of fencing is available
since 1,064 is the perimeter and we have a rectangle, we can write the perimeter equation as: 2L + 2W = 1,064
area = L · W
2W = 1,064 - 2L
W = 532 - L
now we replace in the area equation:
area = (532 - L) · L = -W² + 532W (quadratic equation format)
the value of L as our X coordinate:
L = 532 / 2 = 266
W = 532 - 266 = 266
area = -(266)² + (532 x 266) = -70,756 + 141,512 = 70,756 sq yards
or
area = 266 · 266 = 70,756 sq yards
When you have a rectangle, the largest possible area is a square, where both sides have the same length.