Answer:
About 31 years
Step-by-step explanation:
Given data
Principal= $3500
Rate= 4.75%
Final amount= $15,000
Time=??
The expression for time on compound interest is
Calculate time, solve for t
t = ln(A/P) / r
substitute
Calculate time, solve for t
t = ln(15000/3500) / 0.0475
t= ln(4.2857)/ 0.0475
t= 1.4552/0.0475
t= 30.63 years
Hence it will take about 31 years
108-271+215-_____=-103
Im going to combine the first thee numbers and replace the blank with a variable, lets use x.
52 - x=-103
now I am going to subtract 52 on both sides to get the variable alone
-x=-155
Im going to multiply both sides to eliminate the negitive in the variable
x=155
If you want to check just plug 155 into the blank
108-271+215-155=-103
-163+215-155=-103
52-155=-103
-103=-103
so after checking work the blank is equal to 155.
