Answer:
Step-by-step explanation:
I assume you need help with the first picture:
Let
Then
Clearly you can see that the sum of 2 rational numbers gives a rational number.
the line -6+2y=10 is written in standard form. can you tell what the growth of the line is?Its y-intercept?
2 answers:
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The correct formula for this is as follows:
where n is the number of compounding periods per year, and r is the annual interest rate as a decimal,
Plugging the given values into the formula, we get:
This equation can be simplified to:
Taking logs of both sides gives:
which can be rearranged to get:
So it will take about 5.864 years for the amount to reach $4550.
where n is the number of compounding periods per year, and r is the annual interest rate as a decimal,
Plugging the given values into the formula, we get:
This equation can be simplified to:
Taking logs of both sides gives:
which can be rearranged to get:
So it will take about 5.864 years for the amount to reach $4550.