2 years ago

I need desperate help it's the last one and I don't under stand it.

Mathematics

1 answer:

Brilliant_brown [7]2 years ago

3 0

Wut? I... I DON'T KNOW. cannot compute cannot, malfunction, malfunction. and death.

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I need help urgent plz someone help me solved this problem! Can someone plz help I’m giving you 10 points! I need help plz help

VMariaS [17]

Answer: a) 8.779 years

b) 8.664 years

<u>Step-by-step explanation:</u>

$A=P\bigg(1+\dfrac{r}{n}\bigg)^{nt}$

A: accumulated amount (balance)
P: principal amount (original/initial investment)
r: interest rate (convert to a decimal)
n: number of times compounded per year
t: number of years

Given: A = 1800, P = 900, r = 8% = 0.08, n = 3, t = unknown

$1800=900\bigg(1+\dfrac{0.08}{3}\bigg)^{3t}\\\\\\2=\bigg(1+\dfrac{0.08}{3}\bigg)^{3t}\\\\\\ln\ 2=ln \bigg(1+\dfrac{0.08}{3}\bigg)^{3t}\\\\\\ln\ 2=3t\ ln\bigg(1+\dfrac{0.08}{3}\bigg)\\\\\\\dfrac{ln\ 2}{3\ ln\bigg(1+\dfrac{0.08}{3}\bigg)}=t\\\\\\\large\boxed{8.779=t}$