The formula of a continuous compound interest is
A=p e^rt
A the balance?
P present value 750
E constant
R interest rate 0.08
T time 5 years
A=750×e^(0.08×5)
A=1,118.87
Answer:
$31.50
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 1.5%/100 = 0.015 per year,
then, solving our equation
I = 700 × 0.015 × 3 = 31.5
I = $ 31.50
The simple interest accumulated
on a principal of $ 700.00
at a rate of 1.5% per year
for 3 years is $ 31.50.
Answer:
The equation does not match the form of any conic section.
Not a Conic Section
Step-by-step explanation:
Answer:
x = 0 or 1 or -2
Step-by-step explanation:
x(x^3-3x+2)=0
x(x-1)^2 * (x+2)0
so x = 0 or 1 or -2
there is no imaginary solutions
17% = 17/100 = 0.17
Answer: 0.17