Use the given values in the compound interest formula to solve for time, n.
A is the final amount of money, $2800
P is the initial or starting amount $1900
i is the interest rate as a decimal 0.025
n is time in years since it annual.
2800 = 1900(1 + 0.025)^n
2800 = 1900(1.025)^n
2800/1900 = (1.025)^n
28/19 = (1.025)^n
take the natural log of both sides to solve for exponent.
ln(28/19) = ln(1.025^n)
power rule of logarithmic moves exponent
ln(28/19) = n*ln(1.025)
ln(28/19) / ln(1.025) = n
put into a calculator
15.7 years = n
Answer:
6
Step-by-step explanation:
the answer would be 5.70588235294, but if you are rounding to the nearest tenth, its 6
Answer:
8
Step-by-step explanation:
If the area is 32 and the formula for area of a triangle is base * height / 2, and you have base = 8 and height = x and area = 32, this would be:
8 * x / 2 = 32
Now, solve:
You said worth 20, but it’s worth 10 soo
