Answer:
43.35 years
Step-by-step explanation:
From the above question, we are to find Time t for compound interest
The formula is given as :
t = ln(A/P) / n[ln(1 + r/n)]
A = $2500
P = Principal = $200
R = 6%
n = Compounding frequency = 1
First, convert R as a percent to r as a decimal
r = R/100
r = 6/100
r = 0.06 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06/1)] )
t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06)] )
t = 43.346 years
Approximately = 43.35 years
Answer:
The discounted price would then be 18 dollars.
Step-by-step explanation:
Start by taking the original price which was 45 and multiply that by .40 (the discount) you should get a total of 18.
Answer:
The area of the figure composed of a parallelogram, a square and a rectangle is 126 in².
Step-by-step explanation:
Hope I could help!
Answer:
(2-cy) is the correct answer for the problem