The interest rate will be equal to 24% in 2 years.
<h3>What is compound interest?</h3>
Compound interest is the interest levied on the interest. The formula for the calculation of compound interest is given as:-
Given that:-
- Find the interest rate if $32 increased to $50 in 2 years.
The interest rate will be calculated by using the following formula:-
![A = P[1+\dfrac{r}{n}]^{nt}](https://tex.z-dn.net/?f=A%20%3D%20P%5B1%2B%5Cdfrac%7Br%7D%7Bn%7D%5D%5E%7Bnt%7D)
![50=32[1+\dfrac{r}{1}]^{2}](https://tex.z-dn.net/?f=50%3D32%5B1%2B%5Cdfrac%7Br%7D%7B1%7D%5D%5E%7B2%7D)
1.56 = ( 1 + r )²
√1.56 = ( 1 + r )
r = 1.24 - 1
r = 0.24
r = 24%
Therefore interest rate will be equal to 24% in 2 years.
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Answer:
x=3
Explanation: 11-5=6
6/2= 3
Plug 3 into the equation and you get 2x3+5=11 which 2x3=6 and 6+5=11
Divide number of people who would buy it again by total number surveyed them multiply by 100 for the percent.
1815/3300 = 0.55
0.55 x 100 = 55%
The answer is 55%
If the parent graph f(x) = x² is changed to f(x) = 2x², the vertex of the parabola will still remain (0, 0) because whenever the equation of a parabola is in the form y = ax², the vertex will always be (0, 0).
Now if <em>a</em> is a big number, the parabola will become narrower.
So it will stretch vertically and become narrower.
