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.
The Pythagorean theorem or identity is given by
Where
- B is base of right angle traingle
- H is Hypotenuse
- P is perpendicular
2.5y + 3x = 27
5x - 2.5y = 5
Align the variables to make solving this easier.
2.5y + 3x = 27
-2.5y + 5x = 5
You can see that the 2.5y and -2.5y cancel each other out. Then add the 3x and 5x, and 27 + 5.
3x = 27
5x = 5
8x = 32
Divide both sides by 8.
x = 4
Now input that x into one of the equations to get y.
2.5y + 3(4) = 27
2.5y + 12 = 27
2.5y = 15
y = 6
The answer to this system of equations is x = 4, y = 6. (4, 6)
