Answer:
82.52%
Step-by-step explanation:
118+25=143
solve for x
Answer:
Outlier
Step-by-step explanation:
Well, basically what they are trying to do is isolate the y variable on the left side of the equation in order to get it in slope-intercept form (y=mx+b where "m" equals the slope and "b" is the y-intercept). So, in order to do this they have to do the inverse operations (so if it's adding they subtract, and if it's multiplying they divide.) Anyways, they do this with the intention of getting only the variable "y" on the left side of the equal sign. Once they did all that they got it in slope intercept form, and they know that the coefficient in front of the variable x is the slope.
Follow the given formula. The initial amount of money invested, P, becomes 2P (same thing as "doubles) after t years. Since compounding is quarterly, n=4. The annual interest rate is 12%. That is, r=0.12.
Then we have 2P = P (1 + 0.12/4)^(4t) and need only solve for time, t.
Simplifying the above equation: 2 = (1.03)^(4t)
We must isolate 4t, and then isolate t. To do this, take the common log of both sides of the above equation. We get:
log 2 = (4t) log 1.03. This gives us 4t = [log 2] / [log 1.03], or
4t = 23.4498
Dividing both sides by 4, we get t = 5.86 (years).
Answer:
D is your answer i think it is
