3. -19-8 dind the sum or difference
1 answer:
You might be interested in
Answer:
9.694 years
Step-by-step explanation:
Let the investment is $P.
So, we are asked to determine the time it will grow to triple with the compound interest rate of 12%.
Let the time is y years.
So, from the formula of compound interest we can write
⇒
⇒
Now, taking log both sides we get,
y log 1.12 = log 3 {Since, }
⇒ 0.04922y = 0.477712
⇒ y = 9.694 years (Answer)
<em><u>Hi there! :)</u></em>
<em><u>Answer:</u></em>
<em><u>x>24</u></em>
<em><u>*The answer must have a positive sign and greater than symbol sign.*</u></em>
<em><u>Step-by-step explanation:</u></em>
First, you switch sides.
Then, you subtract by 18 from both sides of an equation.
Finally, you subtract by the numbers from left to right.
<u><em>Final answer is x>24</em></u>
I hope this helps you!
Have a nice day! :)
-Charlie
:D