Answer:
answer is 10/3 thats the answer
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:
9
Step-by-step explanation:
Answer:
117.5
Step-by-step explanation:
y= 3.5x + 30, where x = his number of toys sold
y= 3.5(25) + 30
y= 117.5
