For a single payment with compound interest, the equation to use is F=P(1+i)^n where F is the value after n periods, P is the present value, and i is the interest rate.
If we want the final value F to double in 5 years, F is then equal to P then n=5. The equation is now:
2P=P(1+i)^5
2=(1+i)^5
i=14.87% per year
Answer:
b is the answer brainliest please
Answer:
C is the answer I think...
First you do 200 miles divided by 25 km. It is 8. This means you need 8 gallons for the whole trip. 8 times 6dollars is 48 dollars. You will need to pay 48 dollars in gas prices.
