It is a multiplication sign. *
I hope I helped.
Answer:
After 23 years , the capital will get three times as big
Step-by-step explanation:
Firstly, let us write the compound interest formula
P = I( 1 + r)^n
Since we are considering a capital rise of 3 times
If I, the initial value is x, the P
value later will be 3x
Interest rate is 5/100 = 0.05
so we need the value of t
This will be;
3x = x(1 + 0.05)^t
3= 1.05^t
ln 3 = t ln 1.05
t = ln 3/ln 1.05
t = 23 years
Answer:
Step-by-step explanation:
x - represents 1 point shots
(54 - x) - represents 2 point shots
x + 2(54 - x) = 89
x + 108 - 2x = 89
-x + 108 = 89
x = 19 (1 point shots)
54-x = 35 ( 2 point shots)
Test:
19 + 35 = 54 (total shots)
19 x 1 = 19
35 x 2 = 70
70 + 19 = 89 points