Answer:
Step-by-step explanation:
<u>Use formula for continuous interest:</u>
- A =
, where r- interest rate, t- time in years
<u>If A = 3P, and r = 0.085 then the equation is:</u>


- ln 3 = 0.085t
- 1.099 = 0.085t
- t = 1.099 / 0.085
- t = 12.9 ≈ 13 years
I think that it is geometry.
It’s best if you download Photomath
Answer: Option C
Step-by-step explanation:
You get to use a car for a specific time period by making monthly payments
usually when you get a car lease you pick out the car and (as an example) lets say you have a 3 year lease, you will pay monthly payments for 3 years then return the car.
Answer:
Here you go ! Hope it helps.