Answer:
5/4
Step-by-step explanation:
Using coordinates (10,0) and (90,100)
Slope m = (y2-y1)/(x2-x1)
m = (100 - 0)/(90 - 10) = 100/80 = 10/8 = 5/4
The time it will take the principal to grow to the desired amount is 0.7 years
Using the compound interest formula :
A = P(1 + r/n)^(nt)
A = final amount = 225,000
P = principal = 180,000
r = rate = 3.12%
n = Number of compounding times per period = 12(monthly)
t = time
225000 = 180000(1 + (0.0312 /12))^(12t)
Divide both sides by 180000
225000/180000 = (1 + (0.0312 /12))^(12t)
1.25 = 1.026^12t
Take the log of both sides
0.0969100 = 0.0111473 × 12t
0.0969100 = 0.1337676t
Divide both sides by 0.1337676 to isolate t
0.0969100 / 0.1337676 = t
0.7244 years
0.7 years
It will take 0.7 years for the amount to grow
Learn more : brainly.com/question/21270833?referrer=searchResults
Answer:
1. Anne = 21 Bobby=35, 450, 70+40+30=140
Step-by-step explanation:
- 1 21÷3=7
- 7×5=35
- 7-2=250
- 5=250
- 1=50
- 2×50+7×50=100+350=450
- 450
- we can see that it's multiplied by 10, so 70+40+30=140
22.31 because A= BH where B is base length and H is Height. Multiply 5.25 by 4.25 and you get 22.31
