Answer:
The time required to get a total amount of $ 640.00 from compound interest on a principal of $ 440.00 at an interest rate of 5.6% per year and compounded 365 times per year is approximately 7 years.
Step-by-step explanation:
Given
- Principle Amount P = $440
- Interest rate r = 5.6% = 0.056
To determine:
Time period t = ?
Using the formula

solving for t
t = ln(A/P) / n[ln(1 + r/n)]
substituting the values A = 640, P = 440, n = 365 and r = 0.056
t = ln(640/440) / ( 365 × [ln(1 + 0.00015342465753425/365)] )
t = 6.691
t ≈ 7 (nearest year)
Therefore, the time required to get a total amount of $ 640.00 from compound interest on a principal of $ 440.00 at an interest rate of 5.6% per year and compounded 365 times per year is approximately 7 years.
Sure 32.144 devided by 9.8
Answer:
The dimension of the play area written algebraically is y²/2 + 9y
Step-by-step explanation:
Let the be x and the width be y
If the length is to be 9 feet longer than half the width,
hence y/2 + 9 = x
hence dimension of the area = (y/2 + 9) × y = y²/2 + 9y
Answer:
.1
Step-by-step explanation:
Try and take it step by step.
-2.3 + 10.8 + (-8.4)
First let's rearrange and combine the negatives.
-2.3 + (-8.4) + 10.8
-2.3 + (-8.4) = - 10.7
Let's rewrite
10.8 - 10.7 and solve!
10.8 - 10.7 = .1
Answer:
ummmm.......
Step-by-step explanation: