Camden is going to invest $600 and leave it in an account for 12 years. Assuming the
interest is compounded continuously, what interest rate, to the nearest hundredth of
a percent, would be required in order for Camden to end up with $920?

Answers

Answer 1

[tex]~~~~~~ \textit{Continuously Compounding Interest Earned Amount} \\\\ A=Pe^{rt}\qquad \begin{cases} A=\textit{accumulated amount}\dotfill & \$920\\ P=\textit{original amount deposited}\dotfill & \$600\\ r=rate\to r\%\to \frac{r}{100}\\ t=years\dotfill &12 \end{cases}[/tex]

[tex]920=600e^{\frac{r}{100}\cdot 12}\implies \cfrac{920}{600}=e^{\frac{3r}{25}}\implies \cfrac{23}{15}=e^{\frac{3r}{25}}\implies \log_e\left( \cfrac{23}{15} \right)=\log_e\left( e^{\frac{3r}{25}} \right) \\\\\\ \ln\left( \cfrac{23}{15} \right)=\cfrac{3r}{25}\implies 25\cdot \ln\left( \cfrac{23}{15} \right)=3r\implies \cfrac{25\cdot \ln\left( \frac{23}{15} \right)}{3}=r \\\\\\ 3.5620\approx r\implies \stackrel{\%}{3.56}\approx r[/tex]


Related Questions

What is an equation of the line that passes through the point (-7, -6) and is parallel to the line x-y=7?

If you’re answer is correct, I WILL GIVE BRAINLIEST!!! Thank you!:)

Answers

Answer:

Step-by-step explanation:

For two lines to be parallel their slopes must be equal. For two lines to be perpendicular their slopes must be the negative reciprocal of each other.

Step 1 Find the slope of the equation.

Put it into the slope-intercept form. y = mx + b.  

For x-y = 7, move the x to the left; therefore subtract the x from both sides. this leaves you  -y = -x + 7

Then, divide both sides by -1 to get a positive y.  -y/-1 = (-x + 7)/-1

This leaves y = x - 7  The slope(m) for this equation is m = 1

The other equation must also have a slope of 1 or m=1 for the lines to be parallel.

Use the point given to you (-7, -6) and substitute for (x, y)

The slope-intercept form y = mx + b can once again be used.

x = -7, y =-6, and slope or m = 1

Therefore,  y = mx + b substituted will be -6 = (1)(-7) + b; now, solve for b which is the y intercept

-6 = -7 + b add 7 to both sides -6 +7 = -7 + b +7 ; therefore, b = 1

Now you know the slope(m) which is equal to 1 and the y-intercept(b) which is equal to 1.

Finally, substitute the m and b in the slope-intercept form

            y = (1)x + 1 or y = x +1

Plz help with my math problem plz

Answers

Answer:

x = 4√2

Step-by-step explanation:

if its a square, all sides similar of 4 units.

then the bottom and side length is 4 units

we need to find x, the diagonal.

formula: a²+b² =c²

            : 4² + 4² = c²

            : c = √16+16

            : c = √32

            : 4√2

Therefore x, the diagonal is 4√2

-3x(7x-4)+6x-(13-24x²)​

Answers

Answer:

[tex]3x^2+18x-13.[/tex]

Step-by-step explanation:

Step 1:

Equation should be:

[tex]((0-(3x*(7x-4)))+6)-(13-(2^3*3x^2))[/tex]

Step 2:

Equation should be:

[tex]((0-3x*(7x-4))+6x)-(13-24x^2)[/tex]

Step 3:

Factoring [tex]3x^2+18x-13[/tex]The first term is [tex]3x^2[/tex]. It's coefficient is 3.The middle term is +18x, it's coefficient is 18.The last term, "the constant", is -13.

Step 1:

Multiply the coefficient of the first term by the constant   3 * -13 = -39

Step 2:

Find two factors of  -39  whose sum equals the coefficient of the middle term, which is 18 .  -39    +    1    =    -38      -13    +    3    =    -10      -3    +    13    =    10      -1    +    39    =    38 Observation : No two such factors can be found !!Conclusion : Trinomial can not be factored

Solution:

[tex]3x^2 + 18x - 13[/tex].

Answer:

[tex]\boxed{\tt \tt 3x^2+18x-13}[/tex]

Step-by-step explanation:

[tex]\tt -3x(7x-4)+6x-(13-24x^2)[/tex]

Apply the Distributive Property

[tex]\tt -3x\left(7x-4\right)+6x-13+24x^2[/tex]

Multiply, -3 by (7x-4):

[tex]\tt -21x^2+12x+6x-13+24x^2[/tex]

Combine like terms:

[tex]\tt (-21x^2+24x^2)+(12x+6x)-13[/tex]

[tex]\tt 3x^2+18x-13[/tex]

___________________________

At Levi's restaurant and bakery, each cake is cut into 16 pieces.
Let c represent the number of cakes and p represent the total pieces of cake.
Complete the table using the equation p = 16c.
с
р
7
8
9
144
10

Answers

Answer
C = 16 (16c)
P = cake
Explanation
there are 16 pieces of cake and is spilt and says let C represent the amount of cakes and P represent cake

Use green's theorem to find integral subscript c left parenthesis y space plus space e to the power of square root of x end exponent right parenthesis d x space plus space left parenthesis 2 x plus cos open parentheses y squared close parentheses right parenthesis d y, where c is the boundary of the region bounded by the parabola y = x2 and the lines y = 0 and x = 1. A right parenthesis space e plus cos left parenthesis 1 right parenthesis b right parenthesis space e minus cos left parenthesis 2 right parenthesis c right parenthesis space e to the power of 1 divided by 2 end exponent minus cos left parenthesis 4 right parenthesis d right parenthesis space e to the power of 1 divided by 2 end exponent plus cos left parenthesis 1 right parenthesis e right parenthesis space 1 third.

Answers

My best interpretation of the math here is that you're talking about the line integral,

[tex]\displaystyle \int_C \left(y+e^{\sqrt x}\right) \, dx + \left(2x + \cos\left(y^2\right)\right) \, dy[/tex]

I won't bother trying to decipher what look like multiple choice solutions.

By Green's theorem, the line integral above is equivalent to

[tex]\displaystyle \iint_D \frac{\partial\left(2x+\cos\left(y^2\right)\right)}{\partial x} - \frac{\partial\left(y+e^{\sqrt x}\right)}{\partial y} \, dx \, dy[/tex]

where D is the set

[tex]D = \left\{ (x, y) : 0 \le x \le 1 \text{ and } 0 \le y \le x^2 \right\}[/tex]

Compute the double integral:

[tex]\displaystyle \int_0^1 \int_0^{x^2} \left(2 - 1\right) \, dy \, dx = \int_0^1 \int_0^{x^2} dy \, dx = \int_0^1 x^2 \, dx = \boxed{\frac13}[/tex]

if 1/2 a number is 5 more than 1/7 of that number, what is the number?​

Answers

Answer:

14

Step-by-step explanation:

1/2x = 1/7x + 5

1/2x - 1/7x = 5

7/14x - 2/14x = 5

5/14x = 5

x = 5 * 14/5

x = 14

3х — 5y = 17
4х + 7y = 9
О (4, 1)
(4, -1)
(74,-41)
(74, 41)

Answers

Answer:

(4,-1)

Step-by-step explanation:

See attachment

McKayla can type 342 words in 4 minutes. Find the unit rate in words per minute.

Answers

The answer isn't a whole number but the answer is 85.5.

I need help on this one, I got 3 penalty's and if I get anymore Imma break down and start crying and get mad, I know that sounds childish but it's true :|

Answers

Answer: 2nd answer!

Step-by-step explanation:

-8 < -2 < 4 < 18, so 2nd answer must be the right one!

I need help ASAP;
Algebra 1: I think it's about exponential growth.

Answers

Answer:

Step-by-step explanation:

The given equation assumes a 12 cubic inch initial volume.  The question wants to know when, in minutes, the volume, y, reaches 36 in^3:

y = 12*(2)^(t/60), where t is time in minutes

Therefore:

36 = 12*(2)^(t/60)

3 = (2)^(t/60)

log(3) =(60/t) log(2)

t = 60log(3)/log(2)

t = 95.1 minutes

The price of a wardrobe is decreased by 38% and now is $27.28.
Find the original price.
PLEASE HELP

Answers

Answer:

let the original price be 100%

then,100%-38%=62%

if 38% decrease =$27.28

let,62%decrease=x

by cross multiplying and dividing

x=$44.51 decrease

the sum of the %decrease=100%

also$44.51+$27.28=original price=$71.79

Brian gets £x wages each week. After he pays his tax of £t, he then pays his rent of £155. He shares what's left between himself and his wife. How much do they each get?​

Answers

Answer:

[tex]\frac{1}{2}(x-t-155)[/tex]

Step-by-step explanation:

Total wages:   [tex]x[/tex]

Pays tax [tex]t[/tex]:        [tex]x-t[/tex]

Pays rent of 155:    [tex]x-t-155[/tex]

Shares what's left between 2:   [tex]\frac{x-t-155}{2}[/tex]

So each gets:  [tex]\frac{1}{2}(x-t-155)[/tex]

Answer to these 2 questions pls fast!

Answers

Step-by-step explanation:

17.

an addition is commutative. that means the sequence of the arguments of the operation does not matter (as long as the arguments are truly the same).

7x + 1 = 1 + 7x

1 = 1

0 = 0

is all true for any and every value of x.

so, yes, that's how I know that the expressions are equivalent.

18.

no, the case of 17 does not apply, because she changed the arguments of the addition (not just the sequence).

to check :

7x + 1 = 1x + 7

6x = 6

x = 1

this is true for exactly one value of x. but definitely not fit every value of x.

and so, these 2 existing are not equivalent. they are 2 different functions with a crossing point.

Brainly i need help on this question pls look at the image k12

Answers

Answers:

1% of 300 is    3    

So 64% of 300 is     192    

========================================

Further explanation:

To take 1% of 300, we just chop off the extra zeros. So that's how I got 3.

To go from 1% to 64%, that's a jump of "times 64". Meaning you multiply that '3' by 64 to get 64*3 = 192.

Notice that 192/300 = 0.64 = 64% to confirm the answer.

the smallest natural number that 360 must be multiplied by to get a square number

Answers

Answer:

10

Step-by-step explanation:

Step 1: do prime factorisation of 360

360=2 ×2×2×3×3×5

Step 2:  make pair of 2  same digits

Step 3: now multiply unpaired no.

   5×2=10


so your answer is 10

2 and 3 are what kinds of angles?

Answers

Answer:

angle 2 and 3 are vertical angles

Step-by-step explanation:

because they are opposite angles made from two intersecting lines.

Identify the type of function that models the situation below:
A can of coffee is supposed to contain one pound of coffee. Which function can be used to describe the difference in the actual weight of the coffee as compared to 1 pound?
a.
greatest integer function
c.
absolute value function
b.
step function



Please select the best answer from the choices provided


A
B
C

Answers

Answer:

C

Step-by-step explanation:

c is the correct option

helpppppppppppppppppppppppppppppp​

Answers

Answer:

35

Step-by-step explanation:

The angle is reflected.

The population of the Maldives was 390 000 at the start of 2009. The population
growth rate is 5.6% each year. Estimate the size of the population at the start of 2015.

Answers

Step-by-step explanation:

start with 390 000x 5.6 x 6

What’s the height of the trapezoid if the area is 26 ft2?

Answers

Answer:

The height of the trapezoid would be 4 ft.

If you solve this equation,

2*26/5+8 ,

you'll get the answer.

First do the multiplication, then the subtraction, and finally the division.

A coffee table is on sale for 20% off the original price of $115. If there is 7.5% sales tax, what is the final price of the coffee table? HURRY ILL GIVE BRAINLIEST IF CORRECT ​

Answers

Answer:

98.9

Step-by-step explanation:

115 - 20% = 92
92 + 7.5% = 98.9

Answer:

the original price is 115 after we subtract 20% we are left with 92 so now

the price of the coffee table is 92 but with 7.5% as tax, the final price is $98.90 since 7.5% of 92 is 6.90

What is the scale factor in dilation?

A). 1/6
B). 1/3
C). 3
D). 6

Answers

i think it is C as 9/3=3
Its C.
We can see the pre image is 2.5 x 3. The image is 7.5 x 9. 7.5/3 is 2.5 and 9/3 is 3.

HELP meeeeeeeeeeeeeeeeeeeeee

Answers

The triangles are similar

25/x = 20/28

25 • 28 =700

20x = 700

x = 35

The swim team members each swam less than 55 yards as a warm up Saturday morning.

Answers

Answer:Whats the prompt so I know what to do?

Step-by-step explanation:

can i use some help? im really confused on how to show my work and all

Answers

Percent: A number ratio expressed as a fraction of 100

Thus, 25% means 25 out of 100.

25 out of 100 = 25/100

Greatest common factor of 25 and 100 = 25

25 / 25 = 1

100 / 25 = 4

Answer: 1 / 4

Hope this helps!

HELPP URGENT!!! NOWW!!!!!!!! 30 POINTS!!!!!!!!!!

Answers

Answer:

y= 6x

Step-by-step explanation:

Slope is 6

find an equation in point-slope form form the line having the slope m = -4 and containing the point (3,5)

Answers

Answer:

y = 17 - 4x or y = 17 + (-4x)

Step-by-step explanation:

Plug the slope (m) into the equation y=mx+b so it becomes y = -4x + b

Then see how much your line changed from the point to the y-axis. In this case, it changed by negative 12. So you have to go up 12 points to reach the y-intercept. (5+12=17)

Then, plug that number into the equation.

y = 17 - 4x

true or false pls no guessing

Answers

Answer:

True

Step-by-step explanation:

5 X 5 X 5 = 125 because 5 X 5 would be 25. And 25 X 5 would be 125.

Answer:

5 x 5 x 5 is 125 so true

Step-by-step explanation:

can someone answer this

Answers

Answer:

a is 24 b is 24 and c is m. ..

determine if each statement must be true could possibly be true or definitely not true explain or show your reasoning

a. isosceles triangles are similar b. equilateral triangles are similar

Answers

Answer:

Equilateral triangles are always similar, whereas isosceles triangles are not necessarily comparable.

The angles in one triangle must have the same values as the angles in the other triangle for two triangles to be identical. The lengths of the sides must be proportional.

Both may be isosceles, however one may have 30°, 30°120° angles and the other may have 20°, 20° 140° angles.

As a result, isosceles triangles are not necessarily comparable.

Because equilateral triangles always have three angles of 60 degrees apiece, any

All equilateral triangles are always similar and isosceles triangles are not always similar.

What are similar triangles?

Two triangles are similar if the angles are the same size or the corresponding sides are in the same ratio. Either of these conditions will prove two triangles are similar.

A) No, all isosceles triangles are not similar. An isosceles triangle is a triangle with two sides of equal length. For all isosceles triangles to be similar, it would have to be the case that the ratios comparing the lengths of corresponding sides of all isosceles triangles are the same.

B) Yes. All equiangular triangles are similar. In geometry, we have a nice theorem that allows us to determine if two triangles are similar using the measures of their corresponding angles.

All equilateral triangles are always similar. Similar triangles are always congruent.

Therefore, all equilateral triangles are always similar and isosceles triangles are not always similar.

To learn more about the similar triangles visit:

https://brainly.com/question/25882965.

#SPJ2

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