Answer:
2.66l
Step-by-step explanation:
hope this will help you
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Use the given values in the compound interest formula to solve for time, n.
A is the final amount of money, $2800
P is the initial or starting amount $1900
i is the interest rate as a decimal 0.025
n is time in years since it annual.
2800 = 1900(1 + 0.025)^n
2800 = 1900(1.025)^n
2800/1900 = (1.025)^n
28/19 = (1.025)^n
take the natural log of both sides to solve for exponent.
ln(28/19) = ln(1.025^n)
power rule of logarithmic moves exponent
ln(28/19) = n*ln(1.025)
ln(28/19) / ln(1.025) = n
put into a calculator
15.7 years = n
The answer is 522 over 1111
Answer:
you have to find the smallest common denominator
Step-by-step explanation:
so once the fractions have the same denominator you can add them easily and simplify
12.826+2.93= 15.756
Since you have to round it, your final answer would be 15.8
