Answer:
About 31 years
Step-by-step explanation:
Given data
Principal= $3500
Rate= 4.75%
Final amount= $15,000
Time=??
The expression for time on compound interest is
Calculate time, solve for t
t = ln(A/P) / r
substitute
Calculate time, solve for t
t = ln(15000/3500) / 0.0475
t= ln(4.2857)/ 0.0475
t= 1.4552/0.0475
t= 30.63 years
Hence it will take about 31 years
Answer: 66
Step-by-step explanation: Basically you want to find the area of the whole shape and the white shape, which the whole shape is 96 and the white shape is 30, and subtract 96-30=66
Answer:
its 21 obviously
Step-by-step explanation:
this is because
<em>
</em>