Kendall0126 Kendall0126
  • 14-03-2017
  • Mathematics
contestada

The compound amount with continuous compounding is given by A= Pe^rt where P is the principal, r the rate and t the time in years. If the rate is 8% find how long it takes for the money to double that is for A= 2P (ln2=0.69315)

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 14-03-2017
2p=pe^0.08t
2=e^0.08t
Log(2)=0.08t*log(e)
T=(log(2)÷log(e))/0.08==8.66years
Answer Link

Otras preguntas

who were the "coureurs de bois"?
claudia's skis are 150 centimeters long. how many millimeters is this?
The rate at which velocity changes is called A. speed. B. vectors. C. acceleration. D. motion.
what pair of square numbers fit into 39
How many hundredths in 1.85?
Sales tax is calculated as a percentage of the sales price. If sales tax is 7%, what is the sales tax on clothing that costs $150? $15.70 $10.50 $9.77 $7.00
During ________ , ATP is captured when a six-carbon sugar breaks down into 2 three-carbon compounds.
Too much calcium in a persons diet may result in
If 60 is 75% of a value, what is the value?
What is an author’s purpose in writing a biography? A. to tell about his or her own life B. to tell about his or her subject’s life C. to tell about life at