24 is 20% of
120 Convert your percentage into a decimal:
Divide 24 by your decimal:
Answer:
the answer is A
Step-by-step explanation:
Answer:
588200
Step-by-step explanation:
3% of 826,000 is 24780, 24780 x 10 years is 247800
826,000-247800= 588200
So, to set up your equation is the hardest part. If you remember the basic format, you're set.
I(t) = P * (1+r%)^t
t= time and this will be our variable
Initial amount P = $2740
Rate = 4.3% which converts numerically into .043
I(t) = 7000
Before we get to find out how to find how many years it takes to get to $7000, set up the basic equation by plugging in what we know.
I(t) = $2740(1+4.3%)^t
I(t)=2740(1.043)^t
Now plug in for $7000 for I(t)
7000=2740(1.043)^t Divide both sides by 2740
7000/2740 = 2740/2740(1.043)^t
2.55474453=(1.043)^t
Now you can solve for t in two ways. You can either use the natural log or graph it on your graphing calculate and see when the two equations meet.
In your calculator you can set up:
ln(2.55474453)/ln(1.043) = t which is the method I prefer since it's much simpler
t=22.278528
but you can also graph it in your ti-84
with
y1=2.55474453
y2=(1.043)^x
and find where they intersect on the graph.
either way it'll be the same answer
We have that
<span>Log3 a/3
</span>Rewrite log3(a/3) using the change of base <span>formula
we know that
</span>The change of base rule can be used if a and b are greater than 0 and not equal to 1, and x is greater than 0<span>.
</span>so
loga(x)=<span>logb(x)/<span>logb<span>(a)
</span></span></span>Substitute in values for the variables in the change of base <span>formula
</span>
in this problem
b=10
a=3
x=a/3
log3(a/3)=[log (a/3)]/[log (3)]
the answer is
[log (a/3)]/[log (3)]
