Answer:
9.694 years
Step-by-step explanation:
Let the investment is $P.
So, we are asked to determine the time it will grow to triple with the compound interest rate of 12%.
Let the time is y years.
So, from the formula of compound interest we can write
⇒ 
⇒ 
Now, taking log both sides we get,
y log 1.12 = log 3 {Since, 
}
⇒ 0.04922y = 0.477712
⇒ y = 9.694 years (Answer)
0.00067=67X10^5 so
67X10^5-2.3X10^5
64.7X10^5 which can be expressed as:
6.47X10^6
(not sure if it matters to you or not, but technically we only had two significant figures so it should be rounded to 6.5X10^6)
$25 dollars because the shirt costs $25 and that already rounds to the nearest cent.
Answer:
Please see the answers below:
Step-by-step explanation:
The wrong answers are deleted only the correct answers are listed below:
- Ryan earns $45 for 5 hours of work. The unit rate is $9 for 1 hour.
- Jenna can drive her car 110 miles on 5 gallons of gasoline. The unit rate is 22 miles per gallon.
- Claire saves $320 in 16 weeks. The unit rate is $20 per week.
- % increase in price of gas = [(New Price - Original Price) / Original Price] x 100
% increase in price of gas = [($2.48 - $2.18) / $2.18] x 100
% increase in price of gas = [$0.3 / $2.18] x 100
% increase in price of gas = 13.76%
