9514 1404 393
Answer:
14.1 years
Step-by-step explanation:
Use the compound interest formula and solve for t. Logarithms are involved.
A = P(1 +r/n)^(nt)
amount when P is invested for t years at annual rate r compounded n times per year.
Using the given values, we have ...
13060 = 8800(1 +0.028/365)^(365t)
13060/8800 = (1 +0.028/365)^(365t) . . . . divide by P=8800
Now we take logarithms to make this a linear equation.
log(13060/8800) = (365t)log(1 +0.028/365)
Dividing by the coefficient of t gives us ...
t = log(13060/8800)/(365·log(1 +0.028/365)) ≈ 0.171461/0.0121598
t ≈ 14.1
It would take about 14.1 years for the value to reach $13,060.
Answer:
$0.30 + $0.03n > $0.02 + $0.02n
Step-by-step explanation:
company x = $0.30 + $0.03n
company y = $0.02 + $0.02n
$0.30 + $0.03n > $0.02 + $0.02n
X = 7 for the question in the picture
What is the characteristic polynomial?
d^2x dx
——- + 5 —— + 6 = cos(w)
dt ^2 dt
Hope this help u :)
First find the answer to the equation
3 • 3/4 = 9/4
Reduce the fraction to a mixed number
9/4 = 2 1/4
Now determine which 2 whole numbers it is between
2 1/4 lies between 2 and 3
