Answer:
the second one is considered a bad habit as those receipts can come in handy one day
Step-by-step explanation:
A=bh
A/h bh/h
A/h=b
The answer s b= a/h
Answer:
A). A(t) = P(1+r/n)^(nt)
B). DA/Dt = np(1+r/n)^(t)
C). A(5) =$ 5664.0
D).t = approximately 13.5 years
Step-by-step explanation:
A(t) = P(1+r/n)^(nt)
P = $5000
n= t
r= 2.5%
After five years t = 5
A(t) = P(1+r/n)^(nt)
A(5) = 5000(1+0.025/5)^(5*5)
A(5) = 5000(1+0.005)^(25)
A(5)= 5000(1.005)^(25)
A(5) = 5000(1.132795575)
A(5) = 5663.977875
A(5) =$ 5664.0
When the balance A= $7000
A(t) = P(1+r/n)^(nt)
7000= 5000(1+0.025/n)^(nt)
But n= t
7000= 5000(1+0.025/t)^(t²)
7000/5000= (1+0.025/t)^(t²)
1.4= (1+0.025/t)^(t²)
Using trial and error
t = approximately 13.5 years
Answer:
Step-by-step explanation:
