Solve the problem.At what interest rate would a deposit of $50,000 grow to $72,750 in 15 years with continuous compounding?

A. 0.5%
B. 2.5%
C. 5.5%
D. 3.5%


Answer: B

Mathematics

You might also like to view...

Use a calculator to evaluate the expression. (Round your answer to three decimal places.)   ?

A. 1.523 × 1010 B. 1.523 × 1011 C. 3.222 × 109 D. 3.222 × 1011 E. 3.222 × 1010

Mathematics

Solve the problem.A chicken farmer wishes to provide electric power to each chicken house on his farm by installing buried electrical power lines. The graph below illustrates the locations of the houses and the distances between them in feet. Use Kruskal's algorithm to determine how the farmer should dig channels in order to minimize the amount of digging. Also determine the minimum total length of channels that must be dug.

What will be an ideal response?

Mathematics

Write the algebraic expression described. Simplify if possible.During a walk-a-thon, Rosilyn walked 14 fewer laps than June walked. If June walked b laps, how many laps did Rosilyn walk?

A. (b - 14) laps
B. (14 - b) laps
C.  laps
D. (b + 14) laps

Mathematics

Solve the problem.Alicia sold $536 of paintings at the art fair. If she sold 2 paintings total, and they all sold for the same amount, what was the price of one painting?

A. $168 B. $250 C. $268 D. $300

Mathematics