Remember that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
P=$ 4,000
A=$7,148
r=9.4%=0.094
n=4
substitute the given values
apply log both sides
<h2>t=6.25 years</h2>
Answer:
a=40° hope I helped:)....
Answer:
y>4
Step-by-step explanation:
Answer: Friday night. Least expensive ticket
Step-by-step explanation:
Friday night.: 48/3 =16 so each ticket costs $16
Saturday night 36/2= 18 so each ticket costs $18
Brother collects 96/6 = 16. So each person had enough for a $16 ticket. They can go to the Friday night concert. They paid for the least expensive ticket.
