Answer: number of years that it will take for the balance to reach $120,000 is 42 years
Step-by-step explanation:
Initial amount deposited into the account is $4000. This means that the principal is $4000
P = 4000
It was compounded annually. This means that it was compounded once in a year. So
n = 1
The rate at which the principal was compounded is 8.4%. So
r = 8.4/100 = 0.084
Let the number of years that it will take for the balance to reach $120,000. It means that it was compounded for a total of t years.
Amount, A at the end of t years is $120,000
The formula for compound interest is
A = P(1+r/n)^nt
120000 = 4000(1 + 0.084/1)^1×t
120000/4000 = 1.084^t
30 = 1.084^t
t = 42 years
2014 - 2009 = 5 years
24% -15% = 9% percentage of SUG missionaries
who are women has risen in 5 years
9% : 5 years = 1.8% in a year is <span>the relative percentage increase</span>
Answer:
3547.90
Step-by-step explanation:
The expected duration of the activity is 29 days and 4 hours.
Step-by-step explanation:
Step 1:
The optimistic time, 
= 25 days,
The most likely estimate, 
= 29 days.
The pessimistic time, 
= 34 days.
According to PERT, the expected duration of the activity, 
Step 2:
By substituting the given values, we get
0.1666 days = 
29.1666 days approximately equal 29 days and 4 hours.
Answer:
The answer to this question is 40
