Question

15!!! POINTS!!! PLS ANSWER THIS IM HAVING WAY TOO MUCH TROUBLE WITH IT. I’m in 10th grade and this is compound interest. PLS HELP ME IXLS SO FRUSTRATING!!! If you don’t know PLS don’t comment I’ve been doing this for over 2 hours pls

Answer 1

Answer:

6 years

Step-by-step explanation:

if we want to know how much i will get with interest

simple interest amount = principal amount × (rate / m) × n

plus the initial quantity

where m is 12 months per year

and n is the number of months

$4451=2887(\frac{0.09}{12months/year})(n)+2887\\\\4451=2887[\frac{0.09}{12}(n)+1]\\\\(\frac{0.09}{12}\cdot n)+1=\frac{4451}{2887}\\\\\frac{0.09}{12}\cdot n=1.54-1\\\\n(0.09)=12(0.54)\\\\n=\frac{12(0.54)}{0.09}\\\\n=72.23\longleftarrow months$

so we need to convert it to years

$72.23=12(6)+0.019$

6 years and 0 months

I apologize if there is some mistake in my answer

Answer 2

Answer:

well im in 7th sorry i cant help

Step-by-step explanation: