How much money has to be invested at 5.9% interest compounded continuously to have $15,000 after 12 years?
7465.50
7402.26
7427.73
7389.43

The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.

Step-by-step explanation:

The given is,

                Future value, F  = $15,000

                           Interest, i = 5.9%

              ( compounded continuously )

                            Period, t = 12 years

Step:1

           Formula to calculate the present with compounded continuously,

                                       ...............(1)

           Substitute the values in equation (1) to find the P value,

                                           ( ∵ )

                                              ( ∵ )

            We change the P (Present value) into the left side,

                                            ≅ 7389.43

                                         P = $ 7389.43

Result:

           The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.  

.24

step-by-step explanation:

the probability is   .24

the first player had the highest probability of getting a silver marble

the game could be made fair by adding back the marble that was drawn after each draw

this excerpt is taken from the book “we shall not be moved : the women’s factory strike of 1909 “ and is written by joan dash. it is the story of the great strike when almost 30thousand women working in factories in america formed a union to fight unsafe working conditions, long working hours and miserable wages.

question: which best states the author’s purpose for including this information in the text?

answer: to challenge the reader’s ideas about a historical event