Answer:
9.694 years
Step-by-step explanation:
Let the investment is $P.
So, we are asked to determine the time it will grow to triple with the compound interest rate of 12%.
Let the time is y years.
So, from the formula of compound interest we can write
⇒
⇒
Now, taking log both sides we get,
y log 1.12 = log 3 {Since,
}
⇒ 0.04922y = 0.477712
⇒ y = 9.694 years (Answer)
When x is equal to -1:
f(-1)=6(-1)-3
=-7-3
=-10
y=-10
When x is equal to 0:
f(0)=6(0)-3
=0-3
=-3
y=-3
When x is equal to 1:
f(1)=6(1)-3
=6-3
=3
y=3
When x is equal to 2:
f(2)=6(2)-3
=12-3
=9
y=9
Jar 1 : 16 red, 4 blue....total = 20
P(blue) = 4/20 reduces to 1/5
jar 2 : 75 white,25 blue...total = 100
P(blue) = 25/100 reduces to 1/4
P(blue,blue) = 1/5 * 1/4 = 1/20 or 0.05 or 5%