Answer:
29,807.0
Step-by-step explanation:
Just add a zero and move the decimal.
Answer:
3x
Step-by-step explanation:
I took the the answer so I know it
Answer:
7/8x ≥ 14
Step-by-step explanation:
(sum means addition in case you forgot)
You would start by writing 7/8x + 20 ≥ 34
You would then subtract 20 from both sides to isolate the variable x.
You would then have 7/8x ≥ 14
Answer:
Therefore the value of bond will triple after 17.72 years.
Step-by-step explanation:
The formula of Compounded continuously

A= Amount after t year
P= initial amount
r = rate of interest
t= time in year.
Given that,
Jacobs college saving are invested in bond that pay 6.2% compounded continuously.
Let after t years the initial amount P will be triple i.e 3P.
Here P=P, A=3P, r= 6.2%=0.062

[ Multiply
both sides]
Taking ln both sides

[ since
]

years
Therefore the value of bond will triple after 17.72 years.