Answer Interest rate = 12.3%
The compound interest formula is given by:
Where
A = Future amount
P = Present amount (Principal amount)
r = Interest rate in decimal form
n = No. of times compounded per year
t = time in years.
We can say that if:
Present amount = P
Future amount = 3P
r = 12.3/100 = 0.123
n = 1
t = ?
Substitute the values in the formula of compound interest:
Taking log on both sides.
Round off to nearest option
t ≅ 9 years
Answer:
Ray, Line, Transversal?, Plane, Segment
Step-by-step explanation:
Answer:
y= 8
Step-by-step explanation:
y= k/x
-8= k/4
k= -8×4= -32
y= k/x
y= -32/-4
y= 8
hope it helps!
Step 1:
96 divided by $3 = $32
Step 2:
204 divided by $3= $68
Step 3:
$68-$32=36
He made $36 more this week
