The time it will take the principal to grow to the desired amount is 0.7 years
Using the compound interest formula :
A = P(1 + r/n)^(nt)
A = final amount = 225,000
P = principal = 180,000
r = rate = 3.12%
n = Number of compounding times per period = 12(monthly)
t = time
225000 = 180000(1 + (0.0312 /12))^(12t)
Divide both sides by 180000
225000/180000 = (1 + (0.0312 /12))^(12t)
1.25 = 1.026^12t
Take the log of both sides
0.0969100 = 0.0111473 × 12t
0.0969100 = 0.1337676t
Divide both sides by 0.1337676 to isolate t
0.0969100 / 0.1337676 = t
0.7244 years
0.7 years
It will take 0.7 years for the amount to grow
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Answer:
(-1, 5)
Step-by-step explanation:
3 [x + y = 4]
3x + 3y = 12
- 3x + 7y = 32
-4y = -20
y = 5
x + 5 = 4
x = -1
If Ike does not want more than 20 pounds in his backpack, this means he wants less than or equal to 20 pounds in his backpack. Because each paper costs 1/3 pound, this can be used as the rate of change and we can set up the following inequality:
1/3x < 20
To solve this inequality, we should divide both sides of the equation by 1/3.
x < 60
Because this inequality means that x is less than or equal to 60, the answer is that Ike can carry 60 papers in his backpack.
Hope this helps!
Answer: Jenny
Step-by-step explanation:
By subtitue Y = 0
0=(x-3)^2
And you get 3
, it is important to recognize that the point (x,y) in the first quadrant represents any
point on the semicircle. In Figure 2, the same semicircle is shown with the inscribed rectangle drawn for
three different values of x.
