3 years ago

Please Help!

Mathematics

1 answer:

Strike441 [17]3 years ago

6 0

Answer:

Amelia has more she has 1/2 and Alex has 1/3

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Compound interest In Exercise,$3000 is invested in an account at interest rate r,compounded continuously.Find the time required

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Answer:

(a) 8.15

(b) 12.92

Step-by-step explanation:

Given: P = $3000, r = 0.085

$A = Pe^{rt}$

Where

A is the Amount

P is the Principal

r is the rate

t is the time

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A = 2 × $3000

A = $6000

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$\frac{6000}{3000} = e^{0.085t}$

$2 = e^{0.085t}$

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