It would be at least 70 yph I am probably sure
It does not say simple or compound interest.
Simple interest is rarely used these days, so assume compound.
Use the standard formula:
future value = present value*(1+rate/n)^(nt)
n=number of times interest is compounded per year (=1)
t=number of years
Plugging values,
200=100(1.09)^t
1.09^t = 2
take log
t(log(1.09))=log 2
t=log(2)/log(1.09)=0.6931/0.08618=8.04 years.
18.70
Because they are 1.10 each
Answer:
give me a minute... if i dont find an answer i will delete my comment
Step-by-step explanation:
Answer:
8 + x = 50, so Jose's saving or x = 42
Hope this helps!
