You will need to use this formula:
<span>Years = {log(total) -log(Principal)} ÷ log(1 + rate)
Years = [log(15,000) - log(2,500)] / log (1.0525)
</span>
<span>
<span>
<span>
4.1760912591
</span>
</span>
</span>
-
<span>
<span>
<span>
3.3979400087
</span>
</span>
</span>
/
<span>
<span>
<span>
0.0222221045
</span>
</span>
</span>
=
<span>
<span>
<span>
0.7781512504
</span>
</span>
</span>
/ <span>
<span>
<span>
0.0222221045 =
</span></span></span>
<span>
<span>
<span>
35.0169917705
</span>
</span>
</span>
years
About 35 years
You'll find the formula here: http://www.1728.org/compint2.htm
And a compound interest calculator here: http://www.1728.org/compint.htm
(You'll find both are helpful for this problem).
Answer:
Yes Anne is correct!
Step-by-step explanation:
18 + 7 = 25.
18 divided by 25 will give us the percentage of how many teens prefers e-books...
18 divided by 25 is 0.72 which is the same as 72%
Hope this helps!!
Answer:
41 21/25
Step-by-step explanation:
38 1/25 + 3 4/5 = 41 21/25
Answer:
20 hours
Explanation:
For this problem, since her hourly rate remains the same, we can set up a proportion to find the amount of hours she worked to make $368.00. The following is how to find the amount of time with proportions:
368.00/404.80 = x / 22
(22 * 368) / 404.80 = x
20 = x
Hence, she would need to work 20 hours to make $368.00.
Cheers.
6 because you need to divide 3 and 18 so its 6