An initial investment of $2000 grows at an annual interest rate of 4% compounded continuously. How long will it take to double the investment?
A. 17.33 years
B. 18.33 years
C. 18.00 years
D. 17.00 years
E. 1 year
Answer: A
Mathematics
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A. 75%
B. 10%
C. 25%
D. 33%
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Find the annual amount of depreciation using the units-of-production method. Round to the nearest dollar.Depreciation per unit: $0.58Units of production: 65,000
A. $37,700 B. $11,207 C. $1121 D. $3770
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Solve the system of equations by graphing.2x - y = 3 y = 1
A. (1, 2) B. (2, 1) C. (-2, -1) D. no solution
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