<span>it depends how the interest is calculated, but there's not much of a difference
assuming its continuously compouned, you use this formula: A(t)=Pe^(rt), where A is the final amount, P is the initial investment, r is the interest, and t is the time in years
you want to find t such that A(t)=18,600 so 18,600=1000e^(.0675t)
you need to use logarithm to figure it out, take the natural log of both sides
the following properties will come into use:
ln(a*b)=ln(a)+ln(b)
ln(a^b)=bln(a)
ln(e)=1
taking the natural log
ln(18,600)=ln(1000e^(.0675t))
ln(18,600)=ln(1000)+ln(e^.0675t)
ln(18600)=ln(1000) + .0675t
now solve for t: t= (ln(18600)-ln(1000))/.0675
t=43.31</span>
- 16:10
- 24:15
- 40:25
8:5 is just a simplier version of these other ratios
Answer:
she got 33.50 more than she did so she would have over 33% increase
Answer:
6/12 or 1/2 or 50% or 0.5
Step-by-step explanation:
You have two 6-sided dice, and there are 3 odd numbers on each.
So, you put 6 on top, (the total number of odd outcomes) and 12 on the bottom. (12 total outcomes for both dice.) This simplifies to 1/2 or 50% or .5.
(3 x n) - 1 = 7
3 x n = 8
n = 8/3
n = 2.6666667
