Answer:
16 1/4 years
Step-by-step explanation:
Assuming interest is compounded annually, the account balance (A) after t years will be ...
A = P(1 +r)^t
3200 = 1700·1.0397^t
log(3200) = log(1700) +t·log(1.0397)
t = (log(3200) -log(1700))/log(1.0397) ≈ 16.247
The account will reach a balance of $3200 after about 16 1/4 years.
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You may be asked to round your answer to the nearest integer or tenth. We leave that exercise to the student.
Answer:
k= 5.6
Step-by-step explanation:
Hiii! To work it out, you would have to do 11 ÷ 3. Which would equal 3.6 (Recurring). If it's to one decimal place, it would be 4 if not, it would just be 3.6 ^^
Hope it helps!! Good luck~
