A condominium complex was purchased by a group of private investors for $1.2 million and sold 5 year(s) later for $3.7 million. Find the annual rate of return (compounded continuously) on their investment. Round your answer to two decimal places.
?
A. 22.73%
B. 23.17%
C. 22.52%
D. 23.84%
Answer: C
Mathematics
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Solve.The output voltage for an AC generator is approximated by v = 156 cos 
. Find the smallest positive value of t for which the output is 82 volts.
A. t = 0.0110 B. t = 0.0120 C. t = 0.0045 D. t = 0.0055
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Decide whether or not the matrix is a transition matrix.
A. No B. Yes
Mathematics
Solve the exponential equation and approximate the result, correct to three decimal places.6 ? 3x - 4 = 12
A. 0.893 B. 1.631 C. 0.262 D. 0.959
Mathematics
Name the property that justifies the following conclusion:If 
, then 
.
What will be an ideal response?
Mathematics