Answer:
The correct solution is "4.6".
Step-by-step explanation:
Given:
Interest rate,
r = 6.2%
or,
= 0.062
Amount,
A = 100000
Principle,
P = 76000
As we know,
⇒
On substituting the values, we get
⇒
⇒
On taking log both sides, we get
⇒
⇒
By putting the values of log, we get
⇒
or,
⇒
For this question the answer would be x=-3 and x=-2
Answer:
$130
Step-by-step explanation:
1/4 = 2/8. Remember that. This means that 1/8 is equal to half of a month. It there is 5/8, you can add a half month for every eight. In this case, it will take 2 and a half months
Hope this helped!!!!