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Jaweria

  • one year ago

Can anyone please help me with my math problems?

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  1. Jaweria
    • one year ago
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    How long will it take an investment to double in value if the interest rate is 6% compounded continuously?

  2. SOSAlgebra6629
    • one year ago
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    What is the original investment?

  3. Jaweria
    • one year ago
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    its just saying to double it which could be 100

  4. Jaweria
    • one year ago
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    so when we double it then it will be 200

  5. Jaweria
    • one year ago
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    the answer I am getting is 11.55 can someone check it for me please?

  6. satellite73
    • one year ago
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    \[(1.06)^t=2\] solve for \(t\)

  7. satellite73
    • one year ago
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    doesn't matter what you start with, doubling time is doubling time

  8. satellite73
    • one year ago
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    solve via \[t=\frac{\ln(2)}{\ln(1.06)}\]

  9. satellite73
    • one year ago
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    oh continuously!!

  10. satellite73
    • one year ago
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    \[e^{.06t}=2\] \[.06t=\ln(2)\] \[t=\frac{\ln(2)}{.06}\]

  11. satellite73
    • one year ago
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    no one compounds money continuously. just saying

  12. Jaweria
    • one year ago
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    yeah so I am right too :) my answer is 11.55

  13. Jaweria
    • one year ago
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    can you please help me with some little bit more problems?

  14. Jaweria
    • one year ago
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    When a cold drink is taken from a refrigerator, its temperature is 5°C. After 25 minutes in a 20°C room its temperature has increased to 10°C. (a) What is the temperature of the drink after 50C minutes? (b) When will its temperature be 15°C?

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