9514 1404 393
Answer:
14.1 years
Step-by-step explanation:
Use the compound interest formula and solve for t. Logarithms are involved.
A = P(1 +r/n)^(nt)
amount when P is invested for t years at annual rate r compounded n times per year.
Using the given values, we have ...
13060 = 8800(1 +0.028/365)^(365t)
13060/8800 = (1 +0.028/365)^(365t) . . . . divide by P=8800
Now we take logarithms to make this a linear equation.
log(13060/8800) = (365t)log(1 +0.028/365)
Dividing by the coefficient of t gives us ...
t = log(13060/8800)/(365·log(1 +0.028/365)) ≈ 0.171461/0.0121598
t ≈ 14.1
It would take about 14.1 years for the value to reach $13,060.
Answer:
.376
Step-by-step explanation:
80% of 47% is 37.6%, meaning a deci of .376
Brainliest would be appricieted
Answer:
x = 4
Step-by-step explanation:
Step 1: Simplify both sides of the equation.
2(8−12x)+8x=−25x+52
(2)(8)+(2)(−12x)+8x=−25x+52(Distribute)
16+−24x+8x=−25x+52
(−24x+8x)+(16)=−25x+52(Combine Like Terms)
−16x+16=−25x+52
−16x+16=−25x+52
Step 2: Add 25x to both sides.
−16x+16+25x=−25x+52+25x
9x+16=52
Step 3: Subtract 16 from both sides.
9x+16−16=52−16
9x=36
Step 4: Divide both sides by 9.
9x/9 = 36/9
x = 4
