Oliver's grandfather invested $150 at 5% interest compounded quarterly. When Oliver inherited it, the amount was $6000. For how many years had the $150 been invested?
1 answer:
<span>0.05/4=1.25% quarterly interest 6000=150(1+0.0125)^n , n= number of quarters (1+0.0125)^n=6000/150=40 n log (1.0125)=log 40 n=296.95 quarters number of years=n/4=74.23 years. </span>
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im guessing that u ment 4 and ten not 104 so ya
how long is |MN| when you measure it and do you know anything about the length of |NO| and |OP|?
assuming |MN|= 7.7 ; |NO|= 4.7 ; |MO|= 5.5:
o²= m²+n²
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