Answer:
<em><u>The answer will be greater than 2,000 because 175 is greater than 100.The answer will be equal to the quotient of 2,000 and 175.</u></em>
Step-by-step explanation:
3500
Answer: Approximately 6.3876 years
When rounding to the nearest whole number, this rounds up to 7 years.
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Work Shown:
We'll use the compound interest formula
A = P*(1+r/n)^(n*t)
where,
- A = amount of money after t years
- P = initial deposit amount or principal
- r = interest rate in decimal form
- n = compounding frequency
- t = number of years
In this case, we know that,
- A = 2P, since we want the initial amount to double. P can be any positive real number you want and it doesn't affect the answer.
- r = 0.11
- n = 4, since we're compounding 4 times a year
- t = unknown, what we want to solve for
So,
A = P*(1+r/n)^(n*t)
2P = P*(1+r/n)^(n*t)
2 = (1+r/n)^(n*t)
2 = (1+0.11/4)^(4*t)
2 = 1.0275^(4t)
Ln(2) = Ln(1.0275^(4t))
Ln(2) = 4t*Ln(1.0275)
4t*Ln(1.0275) = Ln(2)
t = Ln(2)/(4*Ln(1.0275))
t = 6.38758965414661
It takes roughly 6.3876 years for the deposit to double. If you need this to the nearest whole number, then round up to 7. We don't round to 6 because then we would come up short of the goal of doubling the deposit.
306 / 18 = 17
So he's on $17 / hour
$204 / $17 = 12.
Therefore he'd make $204 in 12 hours.
Answer:
Think its Point and Rotational
Step-by-step explanation:
thenks and mark me brainliest :)
Answer:
5 + 62 = 18 p to 10 p
67 = 8 p
p = 67:8
p = 67/8 or 8.375.
Step-by-step explanation:
