Answer:
After 23 years , the capital will get three times as big
Step-by-step explanation:
Firstly, let us write the compound interest formula
P = I( 1 + r)^n
Since we are considering a capital rise of 3 times
If I, the initial value is x, the P
value later will be 3x
Interest rate is 5/100 = 0.05
so we need the value of t
This will be;
3x = x(1 + 0.05)^t
3= 1.05^t
ln 3 = t ln 1.05
t = ln 3/ln 1.05
t = 23 years
I think 90• I’m sorry if it’s not right
121 rounded to the nearest 100 is 100 because 121 is closer to 100 than 200.
252 rounded to the nearest hundred is 300 because 252 is closer to 300 than 100.
Answer:
Simplifying
6x + -3 = 21 + -2x
Reorder the terms:
-3 + 6x = 21 + -2x
Solving
-3 + 6x = 21 + -2x
Solving for variable 'x'.
Move all terms containing x to the left, all other terms to the right.
Add '2x' to each side of the equation.
-3 + 6x + 2x = 21 + -2x + 2x
Combine like terms: 6x + 2x = 8x
-3 + 8x = 21 + -2x + 2x
Combine like terms: -2x + 2x = 0
-3 + 8x = 21 + 0
-3 + 8x = 21
Add '3' to each side of the equation.
-3 + 3 + 8x = 21 + 3
Combine like terms: -3 + 3 = 0
0 + 8x = 21 + 3
8x = 21 + 3
Combine like terms: 21 + 3 = 24
8x = 24
Divide each side by '8'.
x = 3
Simplifying
x = 3
Step-by-step explanation:
