Answer:
4.8%
Step-by-step explanation:
The population that grows with an annual percentage rate compounded continuously is given by: H = H° e^rt
Let the population be represented by H
The population reaches 1.1 times its previous size in 2 years.
So when t=2,
H = 1.1 H°
We substitute to obtain:
1.1 H° = H° e^r2
1.1 = e^2r
Take natural log to get:
In 1.1 = 2r
r = In 1.1 /2
r = 0.0477
Therefore the annual percentage rate is 4.8%
Answer:
8
Step-by-step explanation:
I dont really get the question so i thought it was 15 - 7??
The answer & explanation for this question is given in the attachment below.
Answer:
pay the 11 AM ticket
Step-by-step explanation:
Note that the flight last for 12 hours, and assuming the freelance developer can still work (have access to the internet) on the airplane throughout the flight, he stand to earn $960 ($80*12), which will still cover the cost of the flight with a profit of $60 ($960-900).
However, if he decides to pay the $11 flight ticket and there is no Internet on boards; there by losing a day of work, he stand to have lost working time which would earn with $900.
Therefore, the best choice is to pay the 11 AM ticket.