Answer:
The Answer is C.
Step-by-step explanation:
Here is the compound interest formula solved for years:
<span>Years = {log(total) -log(Principal)} ÷ log(1 + rate)
</span>Years = {log(800) - log(600)} <span>÷ log(1.025)
</span><span>Years = {2.903089987 -2.7781512504} / 0.010723865392
</span>Years = {
<span>
<span>
<span>
0.1249387366
} / </span></span></span><span><span><span>0.010723865392
</span>
</span>
</span>
Years =
<span>
<span>
<span>
11.6505319708
</span>
</span>
</span>
That's how many years it takes for the $600 to become exactly $800.00
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>
Answer:
I think the answer is 0.3 in 0.4
Answer:11
Step-by-step explanation:
Boys : girls=7:1
Sum of ratio=7+1=8
Let them number of girls be y
Then they number of boys=y+66
Total number of pupils=y+y+66
Total number of pupils=2y+66
Number of girls=(girls ratio)/(sum of ratio) x (total number of pupils)
y=1/8 x (2y+66)
Cross multiply
y x 8=2y + 66
8y=2y + 66
Collect like terms
8y-2y=66
6y=66
Divide both sides by 6
6y/6=66/6
y=11
The number of girls is 11
Answer:
a
Step-by-step explanation: