Answer
After 13.15 years the population of both towns will become equal.
Step-by-step explanation:
Population of the city Anville is given by using the compound interest formula
The formula of compound interest
A = p( 1+r/n)^n*t
using this we get
P1 = 16000 (1 +
) ^1*t
Population of the city of Brinker will be
P2 = 11000( 1 + 
) ^1*t
now to make equal population in both towns
P1=P2
16000 (1 +) ^1*t = 11000( 1 + ) ^1*t
t = 13.15 years
41580 i think so hope i can help
Answer: Hence, this investment would be worth of $366.756
Step-by-step explanation:
Since we have given that
Amount he invests = $350
Rate of interest compounded quarterly = 1.5%
Number of years = 50 years = 1.25 quarters
As we know the formula for "Compound Interest ":
For remaining half year, we first find the interest with using the above amount as principal amount.
Hence, this investment would be worth of
Answer: 23.82
Step-by-step explanation: You need to convert the 10% to a decimal and then multiply it by 238.20. That is how you get the 10% of the number you try to get.
im pretty sure theres no solution
