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hammer [34]
3 years ago
14

What is the equation of the trend line ? K= J+

Mathematics
1 answer:
den301095 [7]3 years ago
5 0
The equation is K= -2j+24
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Sarah deposits $600 in a savings account that pays 2.5% per year. What is the minimum number of years it would take for the amou
shutvik [7]
Here is the compound interest formula solved for years:
<span>Years = {log(total) -log(Principal)} ÷ log(1 + rate)
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</span><span>Years = {2.903089987 -2.7781512504} / 0.010723865392
</span>Years = { <span> <span> <span> 0.1249387366 } / </span></span></span><span><span><span>0.010723865392
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The question specifically asks how long for the money to be MORE than $800.00?

So, if we enter 800.01 into the equation, then the answer is
Years = {log(800.01) - log(600)} <span>÷ log(1.025)
</span><span>Years = {2.9030954156 -2.7781512504} / 0.010723865392
</span>Years = <span> <span> <span> 0.1249441652 </span> </span> </span> / 0.010723865392
<span> <span> <span> Years = 11.6510381875 </span> </span> </span>
<span><span> </span></span>












6 0
3 years ago
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