Answer:
31 years to triple the investment
Step-by-step explanation:
Initial investment = 300
Triple amount that is final amount = 300*3= 900
rate of interest = 3.5 % = 0.035
we need to find out number of years (t)
for compounded continuously we use formula

A is the final amount
P is the initial amount
r is the rate of interest
t is the number of years

Divide both sides by 300

take 'ln' on both sides

ln(3) = 0.035t ln(e)
ln(e)= 1

t= 31.3889
Round to nearest whole number
t= 31 years
Answer:
Correct statements:
Step-by-step explanation:
A line that rises from left to right has a positive slope.
A line that falls from right to left has a negative slope.
A horizontal line has no slope. (slope of 0)
Answer:
Afful is 21 and Naomi is 13.
Step-by-step explanation:
Let
represent the age of Afful and
represent the age of Naomi.
The sum of their ages is 34. In other words:

In 5 years time, Afful will be two times the age of Naomi <em>now</em>. In other words:

Solve for the system. Substitute.

Afful is currently 21 and Noami is currently 13.
Answer:
m= -1/2
Step-by-step explanation:
Parallel lines have the same slope, so find the slope between the 2 points.
0 - ( -1 ) / -6 - ( -4) = 1/-2