Income suppose income from an endowment is generated at the annual rate of $42,000 per year. find the capital value of this endowment at an interest rate of 7.5% compounded continuously.

Capital value after 1 year will be equal to $45150

Step-by-step explanation:

We have given principal amount P = $42000

Rate of interest r = 7.5 %

Time t = 1 year

Capital value is given by

So

So capital value after 1 year will be equal to $45150

he spend 5.1 minutes chatting with his friends.

step-by-step explanation:

2/5+1/2=9/10

6/1-9/10=5.1

+25 = x

step-by-step explanation:

here x is the hypotenuse of a right triangle whose legs are 7 and 24.   by the pythagorean theorem, 7² + 24² must equal x²:

x² = 49 + 576 = 625.   thus, x = +√625 = +25 = x