To solve this problem you must apply the proccedure shown below:
1. You must apply the following formula:

Where
is the future value,
is the present value,
is the interest rate and
is the time in years.
2. You have that the bank will double your money in
years. Therefore:

3. Substitute values into the formula and solve for
, as following:

4. By applying natural logarithm, you have:

%
The answer is:
%
2.25 times............................................
Answer:
Step-by-step explanation:
3x^2 = 24
devide by 3
x^2 = 8
x =2.828427125
Answer:
<h3>The answer is 16</h3>
Step-by-step explanation:
3n + 7
n = 3
Substitute the value of n into the expression
That's
3(3) + 7
= 9 + 7
<h3>= 16</h3>
Hope this helps you
((3-.5)/.5) x 100
that will give you your answer