9514 1404 393
Answer:
14.1 years
Step-by-step explanation:
Use the compound interest formula and solve for t. Logarithms are involved.
A = P(1 +r/n)^(nt)
amount when P is invested for t years at annual rate r compounded n times per year.
Using the given values, we have ...
13060 = 8800(1 +0.028/365)^(365t)
13060/8800 = (1 +0.028/365)^(365t) . . . . divide by P=8800
Now we take logarithms to make this a linear equation.
log(13060/8800) = (365t)log(1 +0.028/365)
Dividing by the coefficient of t gives us ...
t = log(13060/8800)/(365·log(1 +0.028/365)) ≈ 0.171461/0.0121598
t ≈ 14.1
It would take about 14.1 years for the value to reach $13,060.
We solve 6 + 4
6 + 4 = 10.
Square root of 10:
<span>The square root of 10 is a periodic decimal (decimal that has infinite decimals, worth the redundancy)
What is that periodic decimal?
</span>
<u>
REGARDS!</u>
Based on the amount of oranges bought, those sold at a profit and those sold at a loss, the overall profit is 14.2%
<h3>What is the overall profit?</h3>
Assume that the buying price was $1 each.
The amount earned from 60% of them is:
= 60% x 100,000 x 1
= $60,000
The profit from selling 50% of the remaining is:
= (50% x 40,000) x 1.60
= $32,000
The loss from selling the other 50%:
= (50% x 40,000) x 0.90
= $22,222.22
Total selling price:
= 60,000 + 32,000 + 22,222.22
= $114,222.22
Total profit:
= (114,222.22 - 100,000) / 100,000
= 14.2%
Find out more on sales profit at brainly.com/question/19104371
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Answer: its the first one bud
Step-by-step explanation:
