Sung Lee invests $5,000 at age 18. He hopes the investment will be worth $20,000 when he turns 25. If the interest compounds continuously, approximately what rate of growth will he need to achieve his goal? Round to the nearest tenth of a percent.

19.8%

Step-by-step explanation:

We have the following formula for continuous compound interest:

A = P * e ^ (i * t)

Where:

A is the final value

P is the initial investment

i is the interest rate in decimal

t is time.

The time can be calculated as follows:

25 - 18 = 7

That is, the time corresponds to 7 years. In addition, A is 20,000 for A and P would be 5,000, we replace:

20000 = 5000 * e ^ (7 * i)

20000/5000 = e ^ (7 * i)

e ^ (7 * i) = 4

ln e ^ (7 * i) = ln 4

7 * i = ln 4

i = (ln 4) / 7

i = 0.198

Which means that the rounded percentage will be 19.8% per year

hey there!

12 is twice as much as 6 because 6 goes into 12 2 times.

since the rabbit is twice as tall, we should multiply the weight of the first rabbit, 0.25, by 2.

0.25 x 2 = 0.5

therefore, the 12 inch chocolate rabbit weighs 0.5 lb, or half a pound.

hope this !

given that triangle abc is transformed two times to get triangle

a"b"c"

first abc is transformed in to a'b'c' as follows:

the coordinates of a are (1,-1) and transformed into a'(-1,1)

similarly b (4,-2) became b'(-4,2) and

c(7,-2) became c'(-7,2)

i.e. (x,y) becomes (-x,-y)

this is nothing but reflection about a point here origin.

thus first transformation is reflection on the origin.

next is exactly shifting 3 units down

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