Answer:
20 years
Step-by-step explanation:
We start by writing an exponential equation;
FV = PV( 1 + r)^t
FV is the future value = 1,000,000
PV is present value = 372,000
r is rate = 5% = 5/100 = 0.05
t is time which we are looking for
1,000,000 = 372,000(1 + 0.05)^t
1.05^t = 1,000,000/372,000
1.05^t = 2.688
t ln 1.05 = ln 2.688
t = ln 2.688/ln 1.05
t = 20 years
True. These answers show a relationship because you add eight every time the pack goes higher.
Answer:
x=3
Step-by-step explanation:
-8x-(8x)=-48
-8x-8x=-48
Collect like terms
-16x=-48
Divide both sides by-16
x=3