5 37/100
5 is the whole part and you have 37 hundredths
Present value, PV = $500
Future value, FV = 2*PV = 2*500 = $1,000
Rate, r = 4% = 0.04
Compounding times in a year, n = 4 (compounded quarterly)
Time, t = ??
The future value expression is stated as:
FV = PV (1+r/n)^nt
Substituting;
1000 = 500 (1+0.04/4)^4t
2 = (1.01)^4t
ln 2 = 4t ln 1.01
0.6931 = 4t* 0.00995
0.6931 = 0.0398t
t = 17.414 years
Time required for the amount to double is 17.41 years.
Answer:
Step-by-step explanation:sin
(
t
h
e
t
a
)
=
√
7
4
cos
(
t
h
e
t
a
)
=
3
4
tan
(
t
h
e
t
a
)
=
√
7
3
cot
(
t
h
e
t
a
)
=
3
√
7
7
sec
(
t
h
e
t
a
)
=
4
3
csc
(
t
h
e
t
a
)
=
4
√
7
7
Answer:
-2
Step-by-step explanation:
Distribute
2
(
3
+
4
)
+
2
=
4
+
3
{\color{#c92786}{2(3x+4)}}+2=4+3x
2(3x+4)+2=4+3x
6
+
8
+
2
=
4
+
3
{\color{#c92786}{6x+8}}+2=4+3x
6x+8+2=4+3x
2
Add the numbers
6
+
8
+
2
=
4
+
3
6x+{\color{#c92786}{8}}+{\color{#c92786}{2}}=4+3x
6x+8+2=4+3x
6
+
1
0
=
4
+
3
6x+{\color{#c92786}{10}}=4+3x
6x+10=4+3x
3
Rearrange terms
6
+
1
0
=
4
+
3
6x+10={\color{#c92786}{4+3x}}
6x+10=4+3x
6
+
1
0
=
3
+
4
6x+10={\color{#c92786}{3x+4}}
6x+10=3x+4
4
Subtract
1
0
10
10
from both sides of the equation
6
+
1
0
=
3
+
4
6x+10=3x+4
6x+10=3x+4
6
+
1
0
−
1
0
=
3
+
4
−
1
0
6x+10{\color{#c92786}{-10}}=3x+4{\color{#c92786}{-10}}
6x+10−10=3x+4−10
5
Simplify
Subtract the numbers
Subtract the numbers
6
=
3
−
6
6x=3x-6
6x=3x−6
6
Subtract
3
3x
3x
from both sides of the equation
6
=
3
−
6
6x=3x-6
6x=3x−6
6
−
3
=
3
−
6
−
3
6x{\color{#c92786}{-3x}}=3x-6{\color{#c92786}{-3x}}
6x−3x=3x−6−3x
7
Simplify
Combine like terms
Combine like terms
3
=
−
6
3x=-6
3x=−6
8
Divide both sides of the equation by the same term
3
=
−
6
3x=-6
3x=−6
3
3
=
−
6
3
\frac{3x}{{\color{#c92786}{3}}}=\frac{-6}{{\color{#c92786}{3}}}
33x=3−6
9
Simplify
Cancel terms that are in both the numerator and denominator
Divide the numbers
=
−
2
Answer:G
Step-by-step explanation:This is because $3 per pound and pound respents n .Which means 3n.And since $20 is what you have to spend you can spend $20 or equal to $20 .So it would be the less then or equal to symbol. Which means G.
Hope it helps.
