What continuous interest rate eqauls an annual interest rate of 2 % ? Give your answer as a decimal rounded to 4 decimal places

Q: The price of a commodity doubles in a'period of 4 years. What is the average percentage increase per…

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Q: Find the missing values assuming continuously compounde interest Initial Investment: $1000 Annual…

A: Given that  Initial investment = 1000  To find time to double, we use final amount = 2(1000)=2000…

Q: The population of Kalibo, doubled in the last 20 years, 1997 to 2017. Assuming the rate of…

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Q: 3)About how many years is 2021 days? (Explain how you determined this estimation.)

A: Given that 2021 days We have to find the number of years in 2021 days Assume 365 days in one year

Q: Find the effective rate of interest. For 6% compounded continuously

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Q: A machine is purchased for $6500. It is expected to last 8 years and have a residual value of $700.…

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Q: Find the effective rate of interest that corresponds to 17% annual rate compounded continuously.…

A: This question is based on compounding.

Q: Find the average rate of increase in population which in the first decade has" increased by 20%, in…

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Q: The average depreciation in value of a new car is 20%at the end of the first year. The depreciation…

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Q: Find the effective rate of interest.For 5% compounded continuously

A: Here we have to find the effective rate of interest. For 5% compounded continuously.  r = 5%…

Q: calculate the population of Kumasi for 2020 if the growth rate is 3% per annum and death rate is…

A: Overal population growth rate = (Growth rate + Immigration) - (Death rate +…

Q: A depositor currently has $6000 and plans to invest it in an account that accrues interest…

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Q: A sample of bacteria initially has 1,500 cells/L. After 5 days, the sample contains 10,000 cells/L.…

A: Given that: Initial bacterial concentration = 1500 cells/LAfter 5 days, sample contains = 10000…

Q: What rate of interest compounded continuously will yieldan effective interest rate of 6%?

A: It is given that, the effective interest rate is 6%. re=6%=0.06

Q: Suppose a country has a population of 50 million and projects growth rate of 5% per year for 20…

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Q: what is the effective annual yield if a deposit of 1000 grows to 2200 in 9 years? round answer to…

A: We know that A = P(1+r)t         where A = future value                  r = interest rate or…

Q: What rate is required to grow 750 to 7500 in 14 years?

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Q: Suppose a colony of bacteria has a continuous growth rate of 17% per hour. By what percent will the…

A: Given, colony of bacteria has a continuous growth rate of 17% per hour We have to find after 13 hour…

Q: How much should be invested at 8% to have $1500 at the end of 3.5 years? Round your final answer to…

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Q: Find the average rate of increase in population which in the first decade has increased by 20%, in…

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Q: Find the effective rate of interest that corresponds to 15% annual rate compounded continuously.…

A: As we know that,  Effective rate of interest for continually compounding is :- Re =( e^r - 1) × 100…

Q: The population of an Ontario town grew from 1250 to 10,000 in 5 years due to the establishment of a…

A: The population of a city grows exponentially. Suppose that initially the population is P. If the…

Q: Potassium-40, with a half-life of 1.25 billion years, has been used by geochronologists trying to…

A: Let 't' be the number of yearsLet 'x(t)' be the…

Q: The University of McMaster undergraduate program is growing at a rate of 3% each year. The current…

A: The given values are compared with the compound interest formula. To get the number of years, find…

Q: Assume that Canada has a population of 34 million. Every year about 300,000 people immigrate to…

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Q: In the 2000 U.S. Census, a small city had a population of 45,000. By 2010, the population had…

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Q: The chief financial officer of a company reports that profits for the past fiscal year were $15.9…

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Q: What is the best predicted temperature for a time when a bug is chirping at the rate of 3000 chirps…

A: We have given that,  The regression equation is,  Y = 38.58 + 0.0448*X Then,  We will find the best…

Q: State whether the following statement is true or​ false, and explain why. If the statement is​…

A: Given ,the economy shrank at an annual rate of 9% Let the economy=P∴ economy after four…

Q: 1000 mg of a medication is administered to a patient. After 6 hours, only 271 mg remains in the…

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Q: The Yasuko Okada Fragrance Company (YOFC) receives a shipment of 400 cases of specialty perfume…

A: receives a shipment of 400 cases of specialty perfume early Monday morning of every week sells the…

Q: The population of Jefferson City is 95,000. Assuming a growth rate of 2.5% pee year, what will the…

A: Given that population of Jefferson city is P=95,000.  growth rate is R=2.5% per year we have to find…

Q: The humidity is currently 55% and falling at a rate of 4 percentage points per hour. (a) Estimate…

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Q: A person places $5000 in an account that accrues interest compounded continuously. Assuming no…

A: Amount of $5000 is placed in an account that compounded continuously for 7 years with the rate of…

Q: Pretend the world's population in 1989 was 4.3 billion and that the projection for 2014, assuming…

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Q: Find the effective rate of interest that corresponds to 6% annual rate compounded continuously. le %…

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Q: Between 2011 and 2016, the population of the city of Edmonton increased from 812 201 to 932 546. a)…

A: Given: Population of the city increased from 812,201 to 932,546 between 2011 to 2016.

Q: what annual rate compounded continuously is equivalent to a nominal rate of 6% compounded…

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Q: The rates of increase in the population of a country during the last 3 decades are 10%, 20% and 30%.…

A: Given The data is as follows: Rate of increase in the pop. during last 3 decades are as follows:…

Q: The population in the Philippines doubles in the last 30 years from 1956 to 1986. Assuming that the…

A: It can be solved using the given formula.

Q: How are the rate constant and the doubling time related?

A: Explanation: The exponential growth function is y(t)=y0ekt where k  is the positive constant rate…

Q: Predict the U.S. emissions for a year when the non-U.S. emissions level is 3.4 Round the answer to…

A: ( c ) The U.S emissions are predicted to be --------- metric tons.

Q: Assuming the general level of inflation in Ghana is 15% per year; find the number of years it will…

A: To determine the time the prices take to double their original value

Q: A cheese manufacturer produces18,000 pounds of cheese from January 1 through March 24.Suppose that…

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Q: What interest rate (compounded continuously) is earned by an investment that triples in 6 years? A…

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Q: Enrollment at my college is increasing at a rate of 42% per decade. What is the yearly percentage…

A: We know that 1 decade = 10 years.

Q: What is the value of a $500 investment which earns continuous compound interest of 1% annually for…

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Q: Suppose that you have bought a total of 3200 shares of stock of a particular company. You bought…

A: Given Total number of shares=3200 bought 1200 shares of stock at $17 per share, 700 shares of stock…

Q: The hourly wagre of workers was raised once a year and grew exponetionally from $10.00 to $12.49 in…

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Limits

When it comes to calculus, limits are considered to be a very important topic of discussion. The main importance of limit lies in expressing the value of a function as it gets closer to a certain value. Also, limits can help you to understand other topics, such as continuity and differentiability better. In a broader sense, every calculus notion is a limit. Other branches of calculus have also been derived from limits.