Answer:
The growth rate he needs to achieve his goal is approximatelly 19.8%
Step-by-step explanation:
Since the sum will be compounded continuously we have to use the appropriate formula given below:
M = C*e^(r*t)
Where "M" is the final amount, C is the initial amount, r is the interest rate and t is the time elapsed. Since Sung Lee will invest that sum at 18 years old and he wants to recieve the return at 25, then the time elapsed is given by 25 -18 = 7 years. We can now apply the data to the formula:
16000 = 4000*e^(r*7)
4000*e^(7*r) = 16000
e^(7*r) = 16000/4000 = 4
ln[e^(7*r)] = ln(4)
7*r = ln(4)
r = ln(4)/7 = 0.198
The rate of interest is given by (r)*100%, so we have (0.198)*100% = 19.8%.
Substitute 1 for x in each of your equations.
f(x)=7-3x
which is
f(1)=7-3(1)
=3
Do the same for g(x)
g(x)=3x-7
which is
g(1)=3(1)-7
=-4
Then subtract g(x) from f(x):
3-(-4)
=7
:)
You do 9x27=243 then take 2x31=62 add 243+62=305 then take 305 and subtract it from 28 305-28=277
so if i did it right you should get n=277
Answer:
The way to calculate viewing area would be base multiplied by height, but if you would be more specific I would provide a more in detail answer.
