The formula is
A=p (1+r)^t
A future value 7300
P present value 1500
R interest rate 0.0675
T time?
7300=1500 (1+0.0675)^t
Solve for t
Divide both sides by 1500
7300/1500=1.0675^t
Take the log for both sides
Log (7300/1500)=t×log (1.0675)
Divide both sides by log (1.0675)
T=log(7,300÷1,500)÷log(1.0675)
T=24.2 years round your answer to get 24 years
Hope it helps!
This is a geometric sequence.
a = 15625,
Common ratio = 6250/15625 = 2500/6250 = 0.4
an for GP = ar^(n - 1)
= 15625*(0.4)^(n - 1)
I believe x is equal to five. Try it. Hope this helps mate.
Answer:
i think is b sorry if im wrong
Answer:
12 pounds
Step-by-step explanation:
1/4*16/1=4
4+8=12
