Answer:
7 years 11 months
Step-by-step explanation:
The future value formula for the value of a principal P invested at annual rate r compounded n times yearly for t years is ...
FV = P(1 +r/n)^(nt)
For the given numbers, we want to find t:
6000 = 3700(1 +.062/2)^(2t)
Dividing by 3700 and taking the logarithm, we get ...
6000/3700 = 1.031^(2t)
log(60/37) = 2t·log(1.031)
Dividing by the coefficient of t gives ...
t = log(60/37)/(2log(1.031)) ≈ 7.92 . . . . . years
It will take about 7 years 11 months for the investment to grow to $6000.
Answer:
Bryan spent $45 on flowers. The last sentence isn't needed to answer this question.
Step-by-step explanation:
If you multiply 10 by 2, then 5 by 5, and add it at the end you get 45.
A.) $15 would seem like it would be right
Answer:
Hey buddy, here is your answer. Hope it helps you.
Step-by-step explanation:
4.957 something is the answer
7+4=11 if that is your question not 100% sure what you are asking.
