3 years ago

How many years will it take for $2000 to double at a simple interest rate of 8%? Explain how you found your answer.

1 answer:

4 0

It will take 12.5 years (12 years and 6 month)
how?

4000=2000(1+.08t)
4000= 2000+2000(.08t)
4000=2000+160t
2000=160t
12.5=t

You might be interested in

Murljashka [212]

Answer: 2x^2y

Step-by-step explanation:

Just subtraction.

The x is like a unit, There are 3 X's at first then subtract 1 x and you gor 2x.

Exponents will always stay the same unless there is division or multiplication involved

5 0

3 years ago

Triss [41]

Answer:

I can’t see it good

Step-by-step explanation:

7 0

3 years ago

dimulka [17.4K]

Answer:

I think it is the 3rd one

Step-by-step explanation:

I hope it is. Sorry if not, I tried.

8 0

3 years ago

drek231 [11]

BUC ={0,3,4,5,67,89}

I hope it will be answer of your question

3 0

3 years ago

choli [55]

Answer:

( 2 - x )^2

Step-by-step explanation:

8 0

3 years ago