The solutions are
- it is going to take 15.9 months to raise 10000 dollars
- You will have $37.31 after you have bought the car
- The money deficit would be $37.31
<h3>How to solve the question</h3>
a. 10000 = 9359.08e(0.05)
e⁰⁰⁵ = 10000/9359.08
= 0.05 = ln(10000/9359.08)
= 1.325 years
convert to months = 15.9 months
Hence it is going to take 15.9 months to raise 10000 dollars
b. 9359.08 x e^(0.05 x1.25)
= 9962.69
10000 - 9962.69
= $37.31
You will have $37.31 after you have bought the car
c. The money loss and the deficit would be same as above $37.31
d. ln(e^a) = a
We can clearly see that the money cannot be raised in the 15 months from $ 9359.08. there is a deficit amount of $37.31
Read more on compound interest here: brainly.com/question/24924853
#SPJ1
<em>1</em><em>9</em><em>5</em>
Step-by-step explanation:
hxjhxjxhcbhshshsgshnxgshjsjkabshzikndbxhdhjsnsvdvgxhxjsjjsv
Answer:
10.975+10.975+10.975+10.975
Step-by-step explanation:
Answer:
2/13
Step-by-step explanation:
For a deck of card
Total cards = 52
Total spade = 4
Total diamond = 4
pr(drawing a spade) = number of spade/total cards
pr(drawing a spade) = 4/52 = 1/13
pr(drawing a diamond) = 4/52 = 1/13
Pr(diamond or a spade) = 1/13 + 1/13 = 2/13
I need the answer too. My brother needs it.
