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Finger [1]
3 years ago
10

*Will give brainiest. $600 is invested into an account with an interest rate of 7.5%.

Mathematics
2 answers:
ra1l [238]3 years ago
7 0
Easy

A=600(1+0.075)^t
A=7600
7600=600(1.075)^t
divide both sides by 600
38/3=1.075^t
take the ln of both sides
ln(38/3)=t(ln1.075)
divide both sides by ln1.075
(ln(38/3))/(ln(1.075))=t
use calculator
35.1072=t
hundreth
35.11

answer is 35.11 years
or 35 years and 1.32 months
GuDViN [60]3 years ago
4 0
The time will be 35 years
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Answer:

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