Answer:
4.2%
Step-by-step explanation:
Answer:
81.39% increase.
Step-by-step explanation:
Given: There is change in number from 43 to 78.
First lets find the amount of change or difference in number.
Difference in number= 
∴ Difference in number show that there is an increase of 35 number.
Now, finding the percent change in the number.
Percent= 
⇒ Percent change in number= 
∴ 81.39% increase in the number.
Answer: number of years that it will take for the balance to reach $120,000 is 42 years
Step-by-step explanation:
Initial amount deposited into the account is $4000. This means that the principal is $4000
P = 4000
It was compounded annually. This means that it was compounded once in a year. So
n = 1
The rate at which the principal was compounded is 8.4%. So
r = 8.4/100 = 0.084
Let the number of years that it will take for the balance to reach $120,000. It means that it was compounded for a total of t years.
Amount, A at the end of t years is $120,000
The formula for compound interest is
A = P(1+r/n)^nt
120000 = 4000(1 + 0.084/1)^1×t
120000/4000 = 1.084^t
30 = 1.084^t
t = 42 years
Answer:
hmmm...
Step-by-step explanation:
This looks like...
"jnxxmppoihuueitsdehbxexdnjussheyetyyuuhggfffwspiritualdjjdmsmmsmyra."
YES!
(lol)
