Answer:
About 31 years
Step-by-step explanation:
Given data
Principal= $3500
Rate= 4.75%
Final amount= $15,000
Time=??
The expression for time on compound interest is
Calculate time, solve for t
t = ln(A/P) / r
substitute
Calculate time, solve for t
t = ln(15000/3500) / 0.0475
t= ln(4.2857)/ 0.0475
t= 1.4552/0.0475
t= 30.63 years
Hence it will take about 31 years
Answer:
Don't fail
Step-by-step explanation:
Answer:
can you pop out all the boxes I need to see what the numbers are to get a further understanding
I do believe that the answer to your question is 60%
Answer:
0.9
Step-by-step explanation:
90%
=90/100
=9/10
=0.9