2/3= 16/24
7/8= 21/24
So, 7/8 is larger.
Well then, you do
850 = 50x + 250
-250 -250
600 = 50x
/50 /50
12 = x
or
x = 12
Answer:
40
Step-by-step explanation:
i solved for you
hope it helped! ;)
Answer:
7 years 11 months
Step-by-step explanation:
The future value formula for the value of a principal P invested at annual rate r compounded n times yearly for t years is ...
FV = P(1 +r/n)^(nt)
For the given numbers, we want to find t:
6000 = 3700(1 +.062/2)^(2t)
Dividing by 3700 and taking the logarithm, we get ...
6000/3700 = 1.031^(2t)
log(60/37) = 2t·log(1.031)
Dividing by the coefficient of t gives ...
t = log(60/37)/(2log(1.031)) ≈ 7.92 . . . . . years
It will take about 7 years 11 months for the investment to grow to $6000.
Answer:
Step-by-step explanation:
