Answer:
1/18 or 0.05
Step-by-step explanation:
431.2+826.4d=2910.4
431.2 is only the first day therefore it doesn't need the variable because the variable represents the number of days. 826.4 even says "each remaining day" referring to what the variable represents.
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2p=p(1+0.065/12)^12t
2=(1+0.065/12)^12t
Solve for t
T= [log(2)/ log(1+0.065/12)] /12
T= 10.7 years or if you want to round it would be 11
Answer: 10.7 years or 11 years
Answer: You can use the compound interest formula: A=P(1+interest)^n
A=the new capital
P=the capital invested
n= the #of monthly
Hope this helps (: