Answer:
7 years 11 months
Step-by-step explanation:
The future value formula for the value of a principal P invested at annual rate r compounded n times yearly for t years is ...
FV = P(1 +r/n)^(nt)
For the given numbers, we want to find t:
6000 = 3700(1 +.062/2)^(2t)
Dividing by 3700 and taking the logarithm, we get ...
6000/3700 = 1.031^(2t)
log(60/37) = 2t·log(1.031)
Dividing by the coefficient of t gives ...
t = log(60/37)/(2log(1.031)) ≈ 7.92 . . . . . years
It will take about 7 years 11 months for the investment to grow to $6000.
Answer:
If 3 + 4 ≠ 6, then 2 · 5 = 10.
Step-by-step explanation:
To form the contrapositive of the conditional statement, interchange the hypothesis and the conclusion of the inverse statement. The contrapositive of "If it rains, then they cancel school" is "If they do not cancel school, then it does not rain." If p , then q .
Answer:
178
Step-by-step explanation:
If you're using 7.6 percent, then you're not using 92.4 percent (100-7.6)
To find 92.4 percent of 67.8 billion do:
67,800,000,000*.924=<span>62,647,200,000 </span>
Answer:
-5x^2-2x
Step-by-step explanation:
When distributing, you multiply the term outside the brackets to all the terms in brackets.
If the term outside the bracket is negative, then when distributing/opening the brackets, the signs of the terms changes.
So in this prob. -x would multiply to both +5x and +2
-x*5x+-x*2
∴-5x^2-2x