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%.
Answer:
67.33.
Step-by-step explanation:
To figure out the tip, you need to find 20% of $52.60.
0.2×52.6=10.52
You should leave $10.52 for the waiter if you want to leave him exactly 20%.
To figure the tax, you need to find 8% of $52.60.
0.08×52.6=4.208
Next, add them up:
52.6+10.52+4.208=67.328
The total bill, including tax and tip, will be $67.33.
Answer:
20 and 4/8 yards of fabric.
Step-by-step explanation:
Explanation
Let's examine the given function first:
f(x) = x^2 + 1 is the same as f(x) = 1(x-0)^2 + 1.
The vertex of the graph of this function is at (0, 1).
Let x=0 to find the y-intercept: f(0)=0^2+1 = 1; y-int. is at (0,1) (which happens to be the vertex also)
Comparing f(x) = x^2 + 1 to y = x^2, we see that the only difference is that f(x) has a vertical offset of 1. So: Graph y=x^2. Then translate the whole graph UP by 1 unit. That's it. Note (again) that the vertex will be at (0,1), and (0,1) is also the y-intercept.
Answer:
Agree.
Step-by-step explanation:
1. (5^r)^t can be represented simply as 5^rt.
2. when r as negative integer, t as positive integer, rt is always a negative integer
3. when ever the indices rt is negative, the number 5^rt will be less than 1, thus cannot be a whole number for sure.
