Answer:
11 years approx
Step-by-step explanation:
Given data
P=$1000
A=2000
R=6.5%
T= ?
Calculate time, solve for t
t = ln(A/P) / r
substitute
t=ln(2000/1000)/0.065
t=ln(2)/0.065
t=0.693/0.065
t=10.66
Hence the time is 11 years approx
Answer:
Step-by-step explanation:
we know 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
substitute in the formula above and solve for P
=−640x10+1280x9+19904x8−40728x7−144488x6+323904x5−162304x4+1024x3+2048x2
step by step
(2x+8x2+3x−4x(x−4)(x−1)(20)x+4)(2)(x+4)(x−4)(2)x(x−1)(2)x(x+4)
=((2x+8x2+3x−4x(x−4)(x−1)(20)x+4)(2)(x+4)(x−4)(2)x(x−1)(2)x)(x+4)
=((2x+8x2+3x−4x(x−4)(x−1)(20)x+4)(2)(x+4)(x−4)(2)x(x−1)(2)x)(x)+((2x+8x2+3x−4x(x−4)(x−1)(20)x+4)(2)(x+4)(x−4)(2)x(x−1)(2)x)(4)
=−640x10+3840x9+4544x8−58904x7+91128x6−40608x5+128x4+512x3−2560x9+15360x8+18176x7−235616x6+364512x5−162432x4+512x3+2048x2
=−640x10+1280x9+19904x8−40728x7−144488x6+323904x5−162304x4+1024x3+2048x2
Answer:
.34
Step-by-step explanation:
34% = 34/100 = .34
All percents are out of 100
