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07.05.2020 •
Mathematics
Anna invests $7,000 in an account that compounds interest continuously and earns 7.5%. How long will it take for her
money to reach $105,000? Round to the nearest tenth of a year.
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Ответ:
It will take 36.1 years for her money to reach $105,000.
Step-by-step explanation:
The amount of money earned after t years in continuous interest is given by:
In which P(0) is the initial investment and r is the interest rate, as a decimal.
Anna invests $7,000 in an account that compounds interest continuously and earns 7.5%.
This means that
How long will it take for her money to reach $105,000?
This is t for which P(t) = 105000.
It will take 36.1 years for her money to reach $105,000.
Ответ:
The flagpole is 12 feet
Step-by-step explanation:
The boy's shadow is half of the flagpole's shadow. So the flagpole is 2 times as much as 6 ft because the boy is six feet. 6 x 2 = 12. So the final answer is 12 ft.