The answer can be expressed as 2/100 or 0.02
2p=p(1+0.0075/12)^12t
12t=log(2)/log(1+0.0075/12)
Can you solve for t
38.=721.8 it's really just a matter of multiplication. I only have he answer for this one but, y'know, work and whatnot. If you would multiply 3 by 3 than wou would do the same for this problem
32m = 8m · 4
56mp = 8m · 7p
32m + 56mp = 8m(4 + 7p)
Answer:
Step-by-step explanation:
Find the 4% of the 2000.
Then, add it to the 2000.
Keep adding the 4% which is 0.8 to the new sum until you get up to the third year and there you go!
Hope this help you!