Answer:
1/15
Step-by-step explanation:
The first thing to do is to change both denominators so that they're the same. In this case, that would be 15.
Then, whatever you do to the denominator, you must also do to the numerator.
+ x =
X = 1/15
What is just the coefficient of the 3rd term of (3x + 5y)^8 ?
1 answer:
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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)