Answer:
(a) The future value after 9 years is $7142.49.
(b) The effective rate is .
(c) The time to reach $13,000 is 21.88 years.
Step-by-step explanation:
The definition of Continuous Compounding is
If a deposit of dollars is invested at a rate of interest compounded continuously for years, the compound amount is
(a) From the information given
Applying the above formula we get that
The future value after 9 years is $7142.49.
(b) The effective rate is given by
Therefore,
(c) To find the time to reach $13,000, we must solve the equation
Answer:
Hello! x = 6
angle measure: 64
HOPE THAT HELPS a bit when trying to solve the whole thing
Answer: Scale Factor = 3
Step-by-step explanation:
The top side of the blue triangle is equal to 2 and the top side of the red triangle is equal to 6. Therefore you hav to divide 6 by 2 to give you the scale factor which is 3. (Sorry I do not know if zoom factor is the same as scale factor)
Answer:
Step-by-step explanation:
Both teachers and children are people. If there were 4 teachers and 9 children already at the table, sitting down, when Jim arrived, then that would be 13 people at the table before he sit and 14 people after he sits.
Answer:
See explanation
Step-by-step explanation:
The surface area of the solid generated by revolving the region bounded by the graphs can be calculated using formula
If then
and
Therefore,
Apply substitution
Then
Now
Hence,