Answer:
43.35 years
Step-by-step explanation:
From the above question, we are to find Time t for compound interest
The formula is given as :
t = ln(A/P) / n[ln(1 + r/n)]
A = $2500
P = Principal = $200
R = 6%
n = Compounding frequency = 1
First, convert R as a percent to r as a decimal
r = R/100
r = 6/100
r = 0.06 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06/1)] )
t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06)] )
t = 43.346 years
Approximately = 43.35 years
B!!!!!!!!!! The answer is 200
EXPLANATION
Added sum is estimated to 200
Answer:
Well to find 1/3 of something you have to multiply it by 1/3.
1/3 in decimal form is .33 repeating.
17.55 * .33 = 5.79
17.55 + 5.79 = $23.34
$23.34 is the total profit.
We first find value of tax in dollars.
The difference between the two prices is: 23. 54 - 22 = 1.54
Therefore the sales tax in dollars is 1.54
The tax % will be (amount of tax / original cost price ) × 100
(1.54 / 22) × 100 → (0.07) × 100 = 7
So the tax rate is 7%
We can double check the answer.
7 % of 22 → (7/100) × 22 → 0.07 × 22 = 1.54
22 + 1.54 = 23.54
