Answer:
b. 2005
Step-by-step explanation:
(apex)
300=150(1.07)^x
1.07^x=2
x=ln 2/ln 1.07
=10.24
1995 plus ten years = 2005
hope this helps
Step-by-step explanation:
21:18=7:6
42:36=7:6
63:54=7:6
The amount you will repay can be solved by:
Amount to be repaid = ( $ 1, 431 borrowed) ( $ 0.31 per day
/ $ 500 borrowed) 151 days
Amount to be repaid = $ 133.97
The annual interest rate is:
1431 + 133.97 = 1431( 1 + i)^ 151(1/360)
Solve for i
i = 0.2378 or 23.78 % per year
Answer:
21
Step-by-step explanation:
84000/4000=84/4=21
