Answer:
4/10 and
Step-by-step explanation:
6/15
It will take 19 years and 6 months for the account value to reach 2900 dollars
Step-by-step explanation:
Given
Principal amount = 1400 dollars
Rate = 5.5 %
Final value = A = 2900
We have to find t
So,
The formula for simple interest is:

Putting values

Dividing both sides by 0.055

Rounding off to nearest tenth
19.5 years
Hence,
It will take 19 years and 6 months for the account value to reach 2900 dollars
Keywords: Interest, simple interest
Learn more about interest at:
#LearnwithBrainly
- 3 + 3x = 2x – 13
Bring -3 to the right side of the equation by adding 3 to both sides
(- 3 + 3) + 3x = 2x – 13 + 3
0 + 3x = 2x - 10
3x = 2x - 10
Bring 2x to the other side by subtracting 2x to both sides
3x - 2x = 2x - 2x - 10
x = -10
Check:
-3 + 3(-10) = 2(-10) - 13
-3 + (-30) = -20 - 13
-33 = -33
Hope this helped!
~Just a girl in love with Shawn Mendes