Kim and Ada both open saving accounts with 5% annual interest compounded continuously.
Kim opens her account with 3,200 dollars, while Ada opens her account with 8,000 dollars.
How many years will it take for Ada's account to TRIPLE Kim's account?
Elimination Tool
A
10
B
12
C
14
Never

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step-by-step explanation:

answer: c, the green line

step-by-step explanation:

there is no black line, eliminate b.

simple interest implies periodic payments, but the red line shows no payments, eliminate d.

simple interest has equal payments. if paid say every day, the graph is about a straight line (actually a stairstep).

the yellow line is not straight, eliminate a.

check: the green line is straight, answer is c.

simple interest with positive interest rate gives a straight line sloping up to the right. green line:

g(t) = $100 + ($200-$100) ÷ (20 years) × (t years)

= $100 + (4%/year) × ($100)(t years)

incidentally, the yellow line curving upward represents continuously compounded interest

y = $100 × 2^(t years / (14 assuming the yellow line hits $200 at 14 years. 2^0 is 1, so y(0) = $100; 2^(14/14) is 2, so y(14) = $200.

246

step-by-step explanation:

answer: -10

step-by-step explanation:

s(t) = 1 - 10t

s(x) = 1 - 10x

s(x + h) = 1 - 10(x + h)

            = 1 - 10x - 10h

s(x + h) - s(x) = 1 - 10x - 10h - (1 - 10x)

                      = 1 - 10x - 10h - 1 + 10x

                      = -10h

= -10