Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.<span>
below is the solution:
</span> <span>$3,560,000
------------------- x 100% = 3.86956521% = 3.9% rounded off
$92,000,000</span>
Answer:
y = -⅓x + 7
Step-by-step explanation:
Given the two points that lie on the line (3, 6) and (-3, 8), we can find the equation without the grid by finding the slope (m) and y-intercept (b).
The equation would be written in the form of y = mx + b (slope-intercept form):
✔️Find m:
Slope (m) = change in y/change in x
Slope using (3, 6) and (-3, 8), would be:
Slope (m) = (8 - 6)/(-3 - 3) = 2/-6
m = -⅓
✔️Find b:
Substitute (x, y) = (3, 6) and m = -⅓ into y = mx + b to find b
6 = -⅓(3) + b
6 = -1 + b
6 + 1 = b
b = 7
✅Write the Equation:
Substitute m = -⅓ and b = 7 into y = mx + b
Thus,
y = -⅓x + 7
A=future amount
P=present amount
r=rate in decimal
t=time in years
when A=2P, then that is double
A=Pe^(rt)
2P=Pe^(rt)
divide by P
2=e^(rt)
r=3.1% or 0.031 solve for t
2=e^(0.031t)
take the ln of both sides
ln(2)=0.031t
divide both sides by 0.031
(ln(2))/0.031=t
use calculator
22.359=t
round to tenth
22.4 years to double