Hi there
The formula is
A=p (1+r)^t
A future value 11700
P present value 900
R interest rate 0.0875
T time?
We need to solve for t
T=log (A/p)÷log (1+r)
So
T=log(11,700÷900)÷log(1+0.0875)
T=30.6years round your answer to get
T=31 years
Hope it helps
Answer:
47.5
Step-by-step explanation:
50-5+4 =49
49/2 = 24.5
Answer:
I'll answer one question
Step-by-step explanation:
a. x >= -4. This reads, the domain is greater than and equal to negative four to infinity.