Answer:
31 years to triple the investment
Step-by-step explanation:
Initial investment = 300
Triple amount that is final amount = 300*3= 900
rate of interest = 3.5 % = 0.035
we need to find out number of years (t)
for compounded continuously we use formula
A is the final amount
P is the initial amount
r is the rate of interest
t is the number of years
Divide both sides by 300
take 'ln' on both sides
ln(3) = 0.035t ln(e)
ln(e)= 1
t= 31.3889
Round to nearest whole number
t= 31 years
Answer:
1.) Increase
2.) Decrease
3.) Increase
4.) Decrease
Remember that the volume of a cylinder is
so we have that
so the radius is 9.6 milimeters
825/3 = 275 which is how many miles she drove in January.
275*4= 1100 which is how many miles she drove in February.
Ms. Turner drove 1100 miles in February.