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Misha Larkins [42]
2 years ago
11

Campbell invests $10 in an account that earns 6% interest compounded monthly. A graph showing the growth of the money each year

is shown. After how many years will Campbell have approximately $12 in her account?
Mathematics
1 answer:
kondor19780726 [428]2 years ago
3 0
It takes 3 years its plotted on the graph on the x axis .
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\bold{\huge{\orange{\underline{Solution}}}}

\bold{\underline{ Given :- }}

  • <u>While </u><u>shopping </u><u>for </u><u>clothes </u><u>Tracey </u><u>spent </u><u>3</u><u>8</u><u>$</u><u> </u><u>less </u><u>than </u><u>3</u><u> </u><u>times </u><u>of </u><u>what </u><u>Daniel </u><u>spent </u>

\bold{\underline{ To\: Find :- }}

  • <u>We </u><u>have </u><u>to </u><u>determine </u><u>the </u><u>total </u><u>cost </u><u>spent </u><u>by </u><u>daniel</u>

\bold{\underline{ Let's \: Begin :- }}

Cost spent by Tracey for her clothes = 38$

Let assume the spending by Daniel is x

\bold{\underline{Therefore ,}}

\sf{ x / 3 = 38 }

\sf{ x  = 38 × 3 }

\sf{ x = 114 dollar }

\sf{\red{ Hence,\: Daniel\: spent\: 114 \: dollars\: on \: His\: clothes }}

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