.06*120=$7.20
.005*44=$0.22
I believe x is equal to five. Try it. Hope this helps mate.
I think that it’s A) 2/5. I just multiplied the fractions with each other.
Answer:
Step-by-step explanation:
<u>Given:</u>
If g(x) is the inverse of f(x), find it.
<u>Swap x with g(x) and f(x) with x:</u>
<u>Solve for g(x):</u>
Answer:
5 years
Step-by-step explanation:
In the question we are given;
- Amount invested or principal amount as $5048
- Rate of interest as 4% compounded 12 times per year
- Amount accrued as $6,163.59
We are required to determine the time taken for the money invested to accrue to the given amount;
Using compound interest formula;

where n is the interest period and r is the rate of interest, in this case, 4/12%(0.33%)
Therefore;



introducing logarithms on both sides;

But, 1 year = 12 interest periods
Therefore;
Number of years = 60.61 ÷ 12
= 5.0508
= 5 years
Therefore, it will take 5 years for the invested amount to accrue to $6163.59