Answer:
Approximately 22.97 years
Step-by-step explanation:
Use the equation for continuously compounded interest, which uses the exponential base "e":

Where P is the principal (initial amount of the deposit - unknown in our case)
A is the accrued value (value accumulated after interest is compounded), in our case it is not a given value but we know that it triples the original deposit (principal) so we write it as: 3 P (three times the principal)
k is the interest rate : 5% which translates into 0.05
and t is the time in the savings account to triple its value (what we need to find)
The formula becomes:

To solve for "t" we divide both sides of the equation by P (notice it cancels P everywhere), and then to solve for the exponent "t" we use the natural logarithm function:



Answer:
which question? you want me to answer
Step-by-step explanation:
Answer:
Your answer is 0.06, hun!
Step-by-step explanation:
1.20 divided by 20 = 0.06
Stay happy-Livia
Step-by-step explanation:
The volume of a pyramid or cone is:
V = ⅓ Ah
where A is the area of the base and h is the height.
The pyramid has a square base, so:
A = s²
A = (7 cm)²
A = 49 cm²
The height is 14 cm, so the volume is:
V = ⅓ (49 cm²) (14 cm)
V = 686/3 cm³
V ≈ 228.67 cm³