Answer: number of years that it will take for the balance to reach $120,000 is 42 years
Step-by-step explanation:
Initial amount deposited into the account is $4000. This means that the principal is $4000
P = 4000
It was compounded annually. This means that it was compounded once in a year. So
n = 1
The rate at which the principal was compounded is 8.4%. So
r = 8.4/100 = 0.084
Let the number of years that it will take for the balance to reach $120,000. It means that it was compounded for a total of t years.
Amount, A at the end of t years is $120,000
The formula for compound interest is
A = P(1+r/n)^nt
120000 = 4000(1 + 0.084/1)^1×t
120000/4000 = 1.084^t
30 = 1.084^t
t = 42 years
6:24 or and 6/24
this explains the ration of the good apples and the bad apples
Answer:
4: 1.33 ft.
5: 516.14322017669 mm
6:
7:
8: 7 cm
9: 27314.29921175 mm
10: 112 ft.
Step-by-step explanation:
not sure about 6 and 7
Answer:
Step-by-step explanation:
Wheres the diagram??
Incomplete q
The number 9.210 is greater. The least place value is the 0 (Zero) and the 1 (One). This is because the 9 (Nine) and the 2 (Two) in 9.207 and 9.210 is the same numbers. There so, you can't compare those 2 (Two) numbers.
