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saul85 [17]
3 years ago
13

Is the answer “A” “B” “C” or “D” ?

Mathematics
1 answer:
BigorU [14]3 years ago
7 0

Answer:

D

Step-by-step explanation:

It is very large because it is in scientific form. So we must convert it to Kilometers. I hope this helps!!! Please make me brainiest!

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Evgen [1.6K]

After 1 year, the initial investment increases by 7%, i.e. multiplied by 1.07. So after 1 year the investment has a value of $800 × 1.07 = $856.

After another year, that amount increases again by 7% to $856 × 1.07 = $915.92.

And so on. After t years, the investment would have a value of \$800 \times 1.07^t.

We want the find the number of years n such that

\$856 \times 1.07^n = \$1400

Solve for n :

856 \times 1.07 ^n = 1400

1.07^n = \dfrac74

\log_{1.07}\left(1.07^n\right) = \log_{1.07}\left(\dfrac74\right)

n \log_{1.07}(1.07) = \log_{1.07} \left(\dfrac74\right)

n = \log_{1.07} \left(\dfrac74\right) = \dfrac{\ln\left(\frac74\right)}{\ln(1.04)} \approx \boxed{8.3}

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