Answer:
8 years
Step-by-step explanation:
Compound interest formula

A(t) is the final amount 55000
A_0= 40000, r= 4% = 0.04, for quarterly n=4

divide both sides by 40000


Take ln on both sides

divide both sides by ln(1.01)

Divide both sides by 4
t=8.00108
So it takes 8 years
Answer:
0.829 8.29/1
Step-by-step explanation:
Answer:
{d,b}={4,3}
Step-by-step explanation:
[1] 11d + 17b = 95
[2] d + b = 7
Graphic Representation of the Equations :
17b + 11d = 95 b + d = 7
Solve by Substitution :
// Solve equation [2] for the variable b
[2] b = -d + 7
// Plug this in for variable b in equation [1]
[1] 11d + 17•(-d +7) = 95
[1] -6d = -24
// Solve equation [1] for the variable d
[1] 6d = 24
[1] d = 4
// By now we know this much :
d = 4
b = -d+7
// Use the d value to solve for b
b = -(4)+7 = 3
Solution :
{d,b} = {4,3}
Answer:
9x^9-18
Step-by-step explanation: