Answer:
11.4 years
Step-by-step explanation:
We assume you want to know the time it takes for Lucy's investment of $1200 to have a value of $6400. The compound interest formula is good for finding that.
FV = P(1 +r/n)^(nt)
for principal P invested at rate r per year for t years, compounded n times per year. We want to find t such that ...
6400 = 1200(1 +0.15/4)^(4t)
16/3 = 1.0375^(4t) . . . . divide by 1200
log(16/3) = 4t·log(1.0375) . . . . take logarithms
t = log(16/3)/(4·log(1.0375)) ≈ 11.4
It will take about 11.4 years for Lucy's investment value to be $6400.
Answer:
y= -4x + 2
Step-by-step explanation:
Y= mx + b is used to find the equation of the line
m=-4 a d b= 2
So, you put them into the equation.
Answer: y=5/7x+2
Step-by-step explanation:
The y- intercept would be 2 since that is where the line goes through the y axis. Also if you use slope form you will see that the slope is 5/7.
Answer:
what set of numbers??
you haven't provided any set of numbers
First, you need to get to one gallon, which is 37.20 divided by 12. (3.1)
Divide that number by four, which is: 0.775, or 0.78 rounded up to the nearest hundredth.
Hope that helped.
