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geniusboy [140]

3 years ago

6

If $6,000 is placed in an account with an annual interest rate of 6%, how long will it take the amount to triple if the interest

is compounded annually? round your answer to two decimal places.

1 answer:

Dennis_Churaev [7]3 years ago

4 0

3p=p(1+0.06)^t
3=(1.06)^t
T=log(3)÷log(1.06)
T=18.9 years

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A company’s board of directors wants to form a committee of 3 of its members. There are 4 members to choose from. How many diffe

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Answer:

4

Step-by-step explanation:

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so by proportion

$\frac{12}{1} \frac{inches}{foot} =\frac{x}{7} \frac{inches}{feet} \\ \\x=12*7\\ \\x=84\ inches$

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we know that

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by proportion

$\frac{4.20}{2} \frac{\$}{pounds} =\frac{x}{5} \frac{\$}{pounds} \\ \\2*x=4.2*5\\ \\x=4.2*5/2=\$10.5$

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we know that

<u>Find the cost of the bananas</u>

$5\ pounds*0.80\frac{\$}{pounds}=\$4$

<u>Find the cost of the apples</u>

$5\ pounds*1.40\frac{\$}{pounds}=\$7$

Sum the cost of the bananas and the cost of the apples

$\$4+\$7=\$11$

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