The time required to get a total amount of $13,200.00 with compounded interest on a principal of $7,000.00 at an interest rate of 5.5% per year and compounded 12 times per year is 11.559 years. (about 11 years 7 months)
Answer:
t = 11.559 years
<h3>Compound Interest </h3>
Given Data
(about 11 years 7 months)
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 5.5/100
r = 0.055 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.055/12)] )
t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.0045833333333333)] )
t = 11.559 years
Learn more about compound interest here:
brainly.com/question/24924853
We know the yint, so lets find the slope. (0,-12) and (8,-2) -2--12/8-0 or 10/8 or 1.25
So, the slope is 1.25
The answer is y=1.25x-12
Use cos^-1(0.6157) and u might find the answer
Includes critical information you need to identify the chemical
, Includes warnings about the chemical
, Legible are the requirements for chemical labels
<u>Step-by-step explanation:</u>
Labels need to produce guidance on how to manage the chemical so that chemical users are notified about how to guard themselves. That data about chemical hazards be dispatched on labels using quick visual notations (Legible) to inform the user, granting instant identification of the hazards.
Labels, as described in the HCS, are a relevant group of written, printed or graphic information elements concerning a hazardous chemical that are attached to, printed on, or added to the immediate container of a hazardous chemical, or to the outside packaging.
