3. Suppose that at 19 years old you win $100,000 playing the lottery. If you would like to have $1,000,000 when you retire at age 67 , determine the average rate of return needed under continuous compounding. Get tutor help
Victoria has a goal to raise more than $5,500 for the local community center. She has already raised $2,324. We need to find out how much more money, represented by x, needs to be raised to exceed the goal of $5,500. Get tutor helpA particular company charges advertisers a one time cost of $500, in addition to $4.50 for every one thousand times an advertisement is shown on the company's webpage. An advertiser wants its ad to appear M thousand times on the webpage, but does not want to spend more than $5,000. Which of the following inequalities best describes the situation? Choices: (A) 500+4.50M≥5,000 (B) 4.50+500M>5,000 (C) 500+4.50M≤5,000 (D) 500+4.50M<5,000 Get tutor help
