Answer:
The doubling time of this investment would be 9.9 years.
Step-by-step explanation:
The appropriate equation for this compound interest is
A = Pe^(rt), where P is the principal, r is the interest rate as a decimal fraction, and t is the elapsed time in years.
If P doubles, then A = 2P
Thus, 2P = Pe^(0.07t)
Dividing both sides by P results in 2 = e^(0.07t)
Take the natural log of both sides: ln 2 = 0.07t.
Then t = elapsed time = ln 2
--------- = 0.69315/0.07 = 9.9
0.07
The doubling time of this investment would be 9.9 years.
Answer:
8.33333333333
Step-by-step explanation:
Solution for 3x-7=18 equation:
3x - 7 = 18
3x = 18 + 7
3x = 25 (divide both sides by 3 to get x)
3x/3 = 25/3
x = 8.33333333333
Answer:
4 hours
Step-by-step explanation:
120-72=48
48÷12=4
Answer:
Step-by-step explanation:
an equation perpendicular to the equation given will have a slope of -1, because a perpendicular slope is opposite and reciprical. if it goes through the point 4,-1 and has a slope of -1, the y intercept has to be 3. y = -x + 3
parallel lines have to have the same slope of 3.
Answer:
In think the answer is 42,000
Step-by-step explanation: