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johns2380
04.05.2020 •
Mathematics
Hector invest 10,000 at the age of 21. he hopes investments will be worth 150,000 when he turns 50 . What is the interest compounded continuously approximately what rate escrow will he need to achieve this goal? Write your answer as a percent rounded to one decimal place.
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Ответ:
Step-by-step explanation:
The average rate of change is an algebra thing, whereas the instantaneous rate of change is a calculus thing. Since this is not a straight line we are simply finding the slope of the straight line that connects the 2 coordinates (4, y) and (9, y). To find the y's in each case, sub in the x value and solve for y:
If
when x = 4, then
and the coordinate is
.
Likewise for the other coordinate when x = 9.
and the coordinate is ![(9,\sqrt{15})](/tpl/images/0549/9423/352e7.png)
Using the slope formula,
m = .14 rounded