If I'm not mistaken.. the half-life should be 40,750 years.. so
y = 40,750
I got this by multiplying 25,000 by 1.63 and then if you divide by 2.. you get
20,375.. so one of those should be correct
The answer is to the equation is b
hello,
the first term is 250 so this is the initial invested amount

is to compute 8% annual interest compounded monthly (there are 12 months in a year)
and then multiply by 4 means that it is computed for 4 years so
finally the answer is
$250 is invested at 8% annual interest compounded monthly for 4 years
hope this helps