Answer:
It will take about 35.439 years to triple.
Step-by-step explanation:
Recall the formula for continuously compounded interest:
where "A" is the total (accrued or future) accumulated value, "r" is the rate (in our case 0.031 which is the decimal form of 3.1%), "P" is the principal, and "t" is the time in years (our unknown).
Notice also that even that the final amount we want to get is three times $48,000. So our formula becomes:
Now,in order to solve for "t" (which is in the exponent, we use logarithms:
Give the guy above Brainly and me just a like he is correct
Answer:
4
Step-by-step explanation:
Brackets always mean "DO THIS FIRST!!!"
2+6 = 8
Then, do 3 x 8. That is 24.
24 divided by 4 is 6.
6 - 2 is 4!
Answer:
Step-by-step explanation:
Answer:
Is not correct. The product not always will be smaller.
Step-by-step explanation:
A fraction could increase a number if you multiply it.
If the numerator is higher to the denominator, it will increase it.
If the numerator is smaller to the denominator, it will decrease it.
<u>For example,</u>
10 x 4/3
For fraction multiplication, multiply the numerators and then multiply the denominators to get
10×4/1×3=40/3= 13,33
13,33 is higher than 10.
5 x 10/3
For fraction multiplication, multiply the numerators and then multiply the denominators to get
5×10/1×3=50/3
16,66 is higher than 5.
