2.5 years required for an investment of 5000 dollars to grow to 6000 dollars at an interest rate of 7.5 percent per year, compounded quarterly.
Step-by-step explanation:
The given is,
Initial investment - $5000
Future amount - $6000
Interest rate - 7.5% (compounded quarterly)
Step:1
Formula to calculate the Future amount with compound interest,
...................................(1)
Where, F - Future amount
P - Initial amount
r - Rate of interest
n - No. of compounding in a year
t - Time period
From given,
F = $6000
P = $5000
r = 7.5%
n = 4 (compounded quarterly)
Equation (1) becomes,



Take log on both sides,

Substitute log values,
0.07918 = 4(t) (0.0080676)
= (t) (0.0322705)
= 2.45
t ≅ 2.5 years
Result:
2.5 years required for an investment of 5000 dollars to grow to 6000 dollars at an interest rate of 7.5 percent per year, compounded quarterly.
Hi! Multiply -0.25 by the inner numbers.
-0.25 times 84 = 21
-0.25 times -32n = -8n
Then take the -n and add that
21 -8n - n
-8n - n (or -1n) = -9n
therefore, answer would be a) 21 - 9n
Step-by-step explanation:
-35 x - 625 = 21875 so positive
263 x 0 = 0 so zero
-21 x 451 = - 9471 so negative
-350 x 89 = - 31150 so negative
Answer:
C
Step-by-step explanation:
The lines mean the distance away from 0. When i say lines, I mean the two "l" that accompany the numbers. I forgot what there called (good job me).
Since we want to know how far apart they are, we need to add them.
Answer:
A (10, -9)
B (0,-9)
C (0,-1)
D (10,-1)
Step-by-step explanation:
Negate the x-coordinates of each of the vertices