Answer:
r = 0.046212737
Step-by-step explanation:
A = 14,400 (what your investment originally is)
P = 7,200 (what you want your investment to be)
n = 365 (interest is compounded daily)
t = 15 (15 years)
Plug all of these numbers into the equation, then solve for r
14,400 = 7,200(1 + r/365)^365 · 15
Divide 7,200 on both sides --> 2 = (1 + r/365)^365 · 15
365 · 15 = 5475 --> 2 = (1 + r/365)^5475
5475√(2) = 1 + r/365 (root 5475 both sides to cancel out the exponent)
(5475√(2)) - 1 = r/365 (subtract one from both sides)
((5475√(2)) - 1) · 365 = r (multiply both sides by 365 to isolate r)
Type the left side into the calculator to get r --> 0.046212737.
Hope this helps!
Move the percent two places to the left 1.30
Answer:
Y=168
Step-by-step explanation:
Y varies directly as X
Y=kx
K is a constant
28=k2
K=28/2 =14
Y=14x
Y=14×12
Y=168
The correct answer for the given question above would be the last option. The proper way to write a single digit whole number if it is in a sentence should be SPELLED OUT and not written in numerals or roman numerals. For example, I have SIX apples; and not I have 6 apples.
