Suppose that $10,083 is invested at an interest rate of 6.8% per year, compounded continuously.

a) Find the exponential function that describes the amount in the account after time t, in years.

b) What is the balance after 1 year? 2 years? 5 years? 10 years?

c) What is the doubling time?

Answers

Answer 1

Answer:

a) The exponential function is [tex]A(t) = 10083(1.068)^t[/tex]

b)

The balance after 1 year is of $10,768.644

The balance after 2 years is of $11,500.91

The balance after 5 years is of $14,010.25.

The balance after 10 years is of $19,467.15

c)

The doubling time is of 10.54 years.

Step-by-step explanation:

Continuously compounded interest:

The amount of money earning after t years, with interest compounded continuously, is given by:

[tex]A(t) = A(0)(1+r)^t[/tex]

In which A(0) is the amount of the initial investment and r is the growth rate, as a decimal.

a) Find the exponential function that describes the amount in the account after time t, in years.

Suppose that $10,083 is invested at an interest rate of 6.8% per year

This means, respectively, that [tex]A(0) = 10083, r = 0.068[/tex]

So

[tex]A(t) = A(0)(1+r)^t[/tex]

[tex]A(t) = 10083(1+0.068)^t[/tex]

[tex]A(t) = 10083(1.068)^t[/tex]

b) What is the balance after 1 year? 2 years? 5 years? 10 years?

After 1 year:

[tex]A(1) = 10083(1.068)^{1} = 10,768.644[/tex]

The balance after 1 year is of $10,768.644

After 2 years:

[tex]A(2) = 10083(1.068)^{2} = 11,500.91[/tex]

The balance after 2 years is of $11,500.91.

After 5 years:

[tex]A(5) = 10083(1.068)^{5} = 14,010.25[/tex]

The balance after 5 years is of $14,010.25.

After 10 years:

[tex]A(10) = 10083(1.068)^{10} = 19,467.15[/tex]

The balance after 10 years is of $19,467.15.

c) What is the doubling time?

This is t for which [tex]A(t) = 2A(0)[/tex]. So

[tex]A(t) = A(0)(1.068)^t[/tex]

[tex](1.068)^t = 2[/tex]

[tex]\log{(1.068)^t} = \log{2}[/tex]

[tex]t\log{1.068} = \log{2}[/tex]

[tex]t = \frac{\log{2}}{\log{1.068}}[/tex]

[tex]t = 10.54[/tex]

The doubling time is of 10.54 years.


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Answer:

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Step-by-step explanation:

The area of a room can affect how the room is used based on what you can put in the room or what fits in the room. Like a bedroom or office. If you have a room in your house that is supposed to be a bedroom but isn’t truly big enough to be a bedroom, you could turn it into an office.

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

Taking the first equation , we have ,

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Answers

Answer:

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Answers

Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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Answers

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

Answer:

1/9

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3 and non-3 - probability 1/3 * 2/3 = 2/9

non-3 and 3 - probability 2/3 * 1/3 = 2/9

non-3 and non-3 - probability 2/3 * 2/3 = 4/9

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What are Coterminal Angles?

Coterminal angles are those with the same beginning side and the same terminal sides. These angles are in the typical position, although their values differ. They have the same sides, are in the same quadrant, and their vertices are identical. The endpoint sides coincide at the same angle when the angles are rotated clockwise or anticlockwise.

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22
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Answers

Answer:

d

Step-by-step explanation:

P(boy above average grades) P(above average grades) is the right answer. The correct option is C.

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The likelihood that event A will occur provided that event B has already happened is known as conditional probability. It is written as "the probability of A given B" and is indicated by the symbol P(A|B).

We must employ conditional probability in order to respond to this inquiry. We are aware that there are 75 pupils in the class overall, with 37 boys and 38 girls. We also know that 22 girls and 23 boys both have GPAs above the national average.

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Answers

Answer:

you would put it as four thirds

Step-by-step explanation:

Answer:

Lets break this down.

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3/3 can also be simplified into 1.

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Answer:

arccsc refers to "arc cosecant", or the radian measure of the arc on a circle corresponding to a given value of cosecant. Technical note: Since none of the six trig functions sine, cosine, tangent, cosecant, secant, and cotangent are one-to-one, their inverses are not functions.

what is arccsc equal to? The value of the arccsc function of any argument is an angle in radians whose cosecant function equals the given argument, that is, y = csc-1x if and only if x = cosec(y) for - /2 < y < /2 and y.  ˗ˏˋ ❤︎ ࿐

Step-by-step explanation:

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