9514 1404 393
Answer:
C) 12y 8m
Step-by-step explanation:
The amount of principal P at compound monthly at interest rate r per year is given by ...
A = P(1 +r/12)^(12t) . . . . after t years
Here, we want to find t, so ...
A/P = (1 +r/12)^(12t)
log(A/P) = (12t)·log(1 +r/12)
t = log(A/P)/(12·log(1 +r/12))
Filling in the given values, we find t to be ...
t = log(8000/4000)/(12·log(1 +0.055/12)) ≈ 12.6315 ≈ 12 years 7.6 months
It will take about 12 years 8 months to double the money.
Answer:
He can cut 6 sections this length.
Step-by-step explanation:
he has
7(12) = 84 inches of rope.
84-34.5 = 49.5
49.5/8.25 = 6
Answer:
Jina will have enough money to buy the bike in 15 weeks
Step-by-step explanation:
y = mx + b
198 = 9x + 63
Subtract 63 from both sides;
135 = 9x
Divide both sides by 9;
x = 15
Interest is equal to rs 72
Simple Interest is computed by multiplying the principal to the interest rate and the time.
I = P * r * t
Principal = rs 400
Interest rate = 6%
Term / time = 3 yrs
I = 400 * 6% * 3
I = 72 the total interest that must be paid in 3 yrs.
