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:
c= 3
Step-by-step explanation:
0.2(10 -5c)= 5c -16
<em>Expand</em><em>:</em>
0.2(10) +0.2(-5c)= 5c -16
2 -c= 5c -16
<em>Bring</em><em> </em><em>all</em><em> </em><em>c</em><em> </em><em>terms</em><em> </em><em>to</em><em> </em><em>1</em><em> </em><em>side</em><em>,</em><em> </em><em>constant</em><em> </em><em>to</em><em> </em><em>the</em><em> </em><em>other</em><em>:</em>
5c +c= 2 +16
<em>Simplify</em><em>:</em>
6c= 18
<em>Divide</em><em> </em><em>by</em><em> </em><em>6</em><em> </em><em>on</em><em> </em><em>both</em><em> </em><em>sides</em><em>:</em>
c= 18 ÷6
c= 3
Answer:
1/5
Step-by-step explanation:
5/5 - 4/5 = 1/5
Answer is 19.99 dollars
Explanation:
Let us draw the reconciliatin done by Yolanda linewise
Banking reconciliation Worksheet Amount of Mega
1) Closing balance $ 345 89
2) the sum of any outstanding deposits or credits. 0.00
3) Sum of 1 and 2 345.89
4. sum of any outstanding checks or debits. $ 37 51 5.
5) (3)-(4) $ 308 38
6) checkbook balance. $ 328 37
7) Difference (6)-(5) $ 19.99
SInce difference is exactly 19.99 dollars Yolanda should look for the amount 19.99 dollars to find a solution to the problem i.e. to see the reason for the difference between lines 5 and 6