Answer:
It will double in the year 2063
Step-by-step explanation:
Let the amount deposited be $x, when it doubles, the amount becomes $2x
we can use the compound interest formula to know when this will happen
The compound interest formula is as follows;
A = P(1+r/n)^nt
In this question,
A is the amount which is 2 times the principal and this is $2x
P is called the principal and it is the amount deposited which is $x
r is the interest rate which is 3.2% = 3.2/100 = 0.032
n is the number of times compounding takes place per year which is quarterly which equals to 4
t is the number of years which we want to calculate.
Substituting all these into the equation, we have;
2x = x(1+0.032/4)^4t
divide through by x
2 = (1+ 0.008)^4t
2 = (1.008)^4t
we use logarithm here
Take log of both sides
log 2 = log (1.008)^2t
log 2 = 2t log 1.008
2t = log 2/log 1.008
2t = 86.98
t = 86.98/2
t =43.49 which is 43 years approximately
Thus the year the money will double will be 2020 + 43 years = 2063
The rubric of 150 is the sim of the square but the area would be 59 which would equal to the amount of 50
Do you mean the top of the ladder and the top of the building? If so, it would be 9 feet<span />
Divide 13 into 29:
2.230769230769....
13 ) 29.0000000
26
—-
3 0 this remainder repeats 6 steps further down
2 6
——
40
39
——
100
91
——
90
78
—
120
11 7
—-
30 which will lead to a recurring decimal because we had remainder 3 at the beginning
Answer:
-1
Step-by-step explanation:
-3-2=-5
4-(-1)=5
-5/5 simplifies to -1
