7/8 + 7/12 = 35/24 = 1 11/24
2p=p(1+0.065/12)^12t
2=(1+0.065/12)^12t
Solve for t
T= [log(2)/ log(1+0.065/12)] /12
T= 10.7 years or if you want to round it would be 11
Answer: 10.7 years or 11 years
Answer: You can use the compound interest formula: A=P(1+interest)^n
A=the new capital
P=the capital invested
n= the #of monthly
Hope this helps (:
0.001 is equal to 1 meter
The function of x is equal to 7 dollars times the number of hours the cashier works. This function would look something like this:
F(x) = 7x
Hope this helps! :)