The future value (A) of a principal amount P compounded 12 times per year at rate r for t years is given by
A = P·(1 + r/12)^(12t)
Substitute the given values and solve for t.
3000 = 175·(1 + .03/12)^(12t)
Taking logarithms, this becomes
log(3000) = log(175) + 12t·log(1.0025)
(log(3000) -log(175))/(12·log(1.0025)) = t
t ≈ 94.84
It will take 95 years for the balance to grow by a factor of 17 to $3000.
Answer:
The answer in simplified form would be 6x+12y.
Step-by-step explanation:
Answer:
y = -3
Step-by-step explanation:
Desmos
Answer:
No.
Step-by-step explanation:
When you plug in -6 for x, and 6 for y, like this 5 (-6) + 12 (6) = -15, it does not equal -15, but 42.
90. The measure of an inscribed angle is half of that of the measure of its arc, and the measure of the angle corresponding with arc a is 45. 45*2 is 90, so 90 is the measure of arc a.
