Use the continuous compound interest formula to find the indicated value. a $94,000; p $78,870; r= 7.8%; t =? t= years (do not round until the final answer. then round to two decimal places as needed.) truecar enter your answer in the answer box. prerequisite skills test for finite mathema eer of the heart bypass. learn more customize getting ready for finite mathematics test ac 29057 12

time period (t)  is 2.25 years

Step-by-step explanation:

Given data in question

amount (a) = $94000

principal (p) = $78870

rate (r) = 7.8 % = 0.078

to find out

time period (t)  

solution

we know that continuous compound interest formula i.e.

amount = principal   ...............1

we will put all value a, p and r  in equation 1

amount = principal

94000 = 78870

= 94000 / 78870

now we take ln both side

ln    ln (94000 / 78870)

0.078 t = ln 1.19183466

0.078 t = 0.175494

t = 0.175494 /0.078  

t = 2.249923  

so time period (t)  is 2.25 years

the answer is d

the answer is in the first quadrant, which make the y-int positive.

since the dots are going down, therefore the correlation is negative

i hope it is right.

it has to have an angle of 90 degrees