Hi there
The formula is
A=p (1+rt)
We need to solve for t
T=[(A/p)-1]÷r
Where
A future value 2200
P present value 1000
R interest rate 0.08
T time?
So
T=((2,200÷1,000)−1)÷0.08
T=15 years
Another time like this question you should post in at mathematics subject
Hope it helps
Jefferson assumed the excise tax bred bureaucrats and it also grabbed a toll on his fellow framers. His individual hatred for the tax and encouragement of Congress permitted for the repeal but it took a problem on the previously down federal revenue.
Answer:
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Explanation:
<em>I</em> did a simuilar question on my test and got it correct
Haha , I am. I’m trying to see if I can actually answer any of these
The 2010 Census enumerated 308.7 million people in the United States, a 9.7 percent increase from 281.4 million in Census 2000. Of the total population in 2010, 300.8 million lived in 116.7 million households for an average of 2.58 people per household.