Solve the problem.The purchasing power of a dollar is decreasing at the rate of 2.8% annually, compounded continuously. How long will it take for the purchasing power of $1.00 to be worth $0.33? Round answers to the nearest hundredth.

A. 0.40 yr
B. 3.96 yr
C. 39.60 yr
D. 11.79 yr


Answer: C

Mathematics

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A. 21 m/sec, -14 m/sec2 B. 7 m/sec, - 2 m/sec2 C. 7 m/sec, -14 m/sec2 D. -7 m/sec, - 2 m/sec2

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Solve the problem. Round to the nearest tenth of a cent when necessary.Find the tax rate expressed as tax per $1 of assessed value in a municipality that has budgeted expenses of $5,980,000 and has property assessed at $410,940,000.

A. 68.72 cents per $1 assessed value B. 1.46 cents per $1 assessed value C. 6.87 cents per $1 assessed value D. 0.15 cents per $1 assessed value

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Provide an appropriate response.The volume of a company's sales y (in thousands of dollars) is related to its advertising expenditures x (in thousands of dollars) by the equation  Find .

What will be an ideal response?

Mathematics

Find the final amount.$4000 invested at 8% compounded semiannually for 6 years

A. $6347.50 B. $5061.28 C. $5920.00 D. $6404.13

Mathematics