Jared and Mike are racing to meet at the park which
is 4 miles away from their
house. Jared runs at a rate
of 1 mile every 10 minutes
and Mike runs at a rate of
0.5 miles every 4 minutes.
Who will get there first?

An initial investment of $100 is now valued at $150. the annual interest rate is 5%, compounded continuously. the equation 100e0.05t = 150 represents the situation, where t is the number of years the money has been invested. about how long has the money been invested? use your calculator and round to the nearest whole number. years