It will take 19 years and 6 months for the account value to reach 2900 dollars
Step-by-step explanation:
Given
Principal amount = 1400 dollars
Rate = 5.5 %
Final value = A = 2900
We have to find t
So,
The formula for simple interest is:

Putting values

Dividing both sides by 0.055

Rounding off to nearest tenth
19.5 years
Hence,
It will take 19 years and 6 months for the account value to reach 2900 dollars
Keywords: Interest, simple interest
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X = 70 and y = 35, I hope this helps
Answer:
Step-by-step explanation:
so you have to multiply the ratio first
Answer:
10
Step-by-step explanation:
The first thing you do is:
12 % 6 = 2
Then you have to:
2 x 5 = 10
You divide the denominator then multiply it by the Numerator