Answer:
The time required to get a total amount of $ 640.00 from compound interest on a principal of $ 440.00 at an interest rate of 5.6% per year and compounded 365 times per year is approximately 7 years.
Step-by-step explanation:
Given
- Principle Amount P = $440
- Interest rate r = 5.6% = 0.056
To determine:
Time period t = ?
Using the formula

solving for t
t = ln(A/P) / n[ln(1 + r/n)]
substituting the values A = 640, P = 440, n = 365 and r = 0.056
t = ln(640/440) / ( 365 × [ln(1 + 0.00015342465753425/365)] )
t = 6.691
t ≈ 7 (nearest year)
Therefore, the time required to get a total amount of $ 640.00 from compound interest on a principal of $ 440.00 at an interest rate of 5.6% per year and compounded 365 times per year is approximately 7 years.
Answer:
The answer is C
Step-by-step explanation: I hope this help you
Answer:
28 grams
Step-by-step explanation:
8 x 3 = 24
24 + 4 = 28
The degree of an individual term of a polynomial is the exponent of its variable; the exponents of the terms of this polynomial are, in order, 5, 4, 2, and 7. The degree of the polynomial is the highest degree of any of the terms; in this case, it is 7.
Answer:2237
Step-by-step explanation: 22000 +4484