M(CE) = 78 + 78*4/26 = 90
Answer:
t=16.2 years
Step-by-step explanation:
A=p(1+r/n)^nt
A=$20100
P=$6500
r=7%=0.07
n=4
t=?
t=ln(A/P)/n {ln(1+r/n)}
=ln(20100/6500) / 4{ln(1+0.07/4)}
=ln(3.0923)/4{ln(1+0.0175)}
=ln(3.0923)/4{ln(1.0175)}
=1.1289/4(0.0174)
=1.1289/0.0696
=16.23
To the nearest tenth
t=16.2 years
Answer:
x=-106/37
y=70/37
Step-by-step explanation:
I chose to set up the problem as a matrix to solve here.
(Another way to do this would be to isolate one variable in one of the equations, substitute it into the other equation, solve for that, and then plug it back in to get the final variable.)
My work is in the attachment. Lmk if you have any questions.
The answer is 35%. I did it on a calculator. To get more help, go to Answers.com and type in "What percent of 320 is 112?"
Have a nice day!