We are given
P = $754.43
r = 13.6% annual
for a.
A = 150
for b.
A = 300
First, change the interest into effective monthly
i = (1 + 0.136/12)^12 - 1
Solve for i
Next, use the general formula
A = P i ( 1 + i)^n / (1 + 1)^n - 1
Subsitute P, i, and A for a and b.
Then, solve for n for a and b.
Answer:131/12
Step-by-step explanation:
-7 2/3 -5 1/2 +8 3/4 = 23/3 - 11/2 + 35/4 = 92/12 -66/12 +105/12 = 131/12
Answer:
1122
Step-by-step explanation:
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