I think its b that what it looks like to me
i hope this helps
9514 1404 393
Answer:
C) 12y 8m
Step-by-step explanation:
The amount of principal P at compound monthly at interest rate r per year is given by ...
A = P(1 +r/12)^(12t) . . . . after t years
Here, we want to find t, so ...
A/P = (1 +r/12)^(12t)
log(A/P) = (12t)·log(1 +r/12)
t = log(A/P)/(12·log(1 +r/12))
Filling in the given values, we find t to be ...
t = log(8000/4000)/(12·log(1 +0.055/12)) ≈ 12.6315 ≈ 12 years 7.6 months
It will take about 12 years 8 months to double the money.
Answer: 0.375
Step-by-step explanation:
Hey there! If you have any questions feel free to leave them in the comments below.
To find the answer you would divide the numerator by the denominator.
would be equal to 0.375
~I hope I helped you :)~