Solve the problem. Round your answer to the nearest whole number.The capital value of an asset is defined as
, where k is the annual rate of interest compounded continuously and R(t) gives the annual rate at which earnings are produced by the asset at time t. Find the capital value of an asset that produces $5000 yearly income at 4% compounded continuously.
A. $125,000
B. $100,000
C. $130,000
D. $150,000
Answer: A
Mathematics
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Solve the problem.A house was purchased for $79,000. After 9 years the value of the house was $106,000. Express the house's value V(t) in terms of time t in years.
A. V(t) = 3000t B. V(t) = 3000t + 79,000 C. V(t) = 9t + 79,000 D. V(t) = 106,000
Mathematics
Multiply and simplify. ? 108x
A.
B.
C. 6,804x
D.
Mathematics
Use the substitution method to solve the system.x +
y = -17
x + 3y = -28
A. (-20, -23) B. (-16, -15) C. (-16, -20) D. (-20, -6)
Mathematics
Determine whether there is a maximum or minimum value for the given function, and find that value.f(x) = -9x2 - 108x - 326
A. Minimum: 2 B. Maximum: 2 C. Maximum: -2 D. Minimum: 0
Mathematics