Answer:
6y?
It's probably wrong but off the top of my head, 6y
I believe that X would be -2.47619.
First you distribute the -1 in front of the parenthesis. Then distribute the 8 outside of the bracts. And finally just solve for X by combing like terms.
Answer:
$13,304
Step-by-step explanation:
-We use the compound interest function to determine the rate of growth.
-Given that the amount doubles in 13 years, the annual growth rate is calculated as:
We now substitute this value of i in the compound interest formula equation to solve for future value:
Hence, the future value to the nearest dollar is $13,304
*You can alternatively use the exponential growth function:
This is slightly off by just $1