Answer:
The number of years needed is 15.75 years.
Step-by-step explanation:
The investment amount (present value) = $200
Interest rate =4.5%
Double of investment = $400
Now we have to find the time or number of years in which the investment amount will be doubled. So, just use the below formula to find the number of years.
Future value = present value ×(1+interest rate)^n
400 = 200×(1+4.5%)^n
N = 15.75 years
The number of years required to double the amount is 15.75 years.
Answer: $3000
Step-by-step explanation:
$5000 x .03 = $150
$150 x 4(quarters) = $600
$600 x 5(years) = $3000
Total length of all ribbons = 12 * 3 = 36 inch
Then, number of ribbons = 36/4 = 9
In short, Your Answer would be: 9 sections
Hope this helps!
Answer:
C
Step-by-step explanation:
2.88*2.2=6.336, which is approximately 6.34.
Answer:
5,500
Step-by-step explanation:
this is quite simple
multiply his earnings by a tenth
55,000 times 1/10
5,500
