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.
Answer:
Step-by-step explanation:
Total Students in Class = 25+ 15=40
Probability= (Number of Girls in Class) ÷ (Total students in Class)
Probability of girl= 15 ÷ 40 = 0.375
Answer:
A. pen, $0.75; pencil, $0.50.
step-by-step explanation: .75x4=$3.00. .50x4=$2.00 . $3.00+$2.00=$5.00
Answer:
350 adult tickets were sold
Step-by-step explanation:
Let x represent the number of adult tickets sold.
Since there were 60 fewer student tickets sold than adult tickets, the number of student tickets sold can be represented by x - 60
Create an equation that sets up these terms equal to 640, then solve for x:
(x) + (x - 60) = 640
2x - 60 = 640
2x = 700
x = 350
So, 350 adult tickets were sold
