Answer: number of years that it will take for the balance to reach $120,000 is 42 years
Step-by-step explanation:
Initial amount deposited into the account is $4000. This means that the principal is $4000
P = 4000
It was compounded annually. This means that it was compounded once in a year. So
n = 1
The rate at which the principal was compounded is 8.4%. So
r = 8.4/100 = 0.084
Let the number of years that it will take for the balance to reach $120,000. It means that it was compounded for a total of t years.
Amount, A at the end of t years is $120,000
The formula for compound interest is
A = P(1+r/n)^nt
120000 = 4000(1 + 0.084/1)^1×t
120000/4000 = 1.084^t
30 = 1.084^t
t = 42 years
The answer is -6. because 12,10,8,6,4,2,0,-2,-4,-6.
Just plot the points on a graph.
Answer:
672
Step-by-step explanation:
12 * 12 = 144
144* 14 = 2016
2016 / 3 = 672.
The product of the expression given above most likely yield a complex number since the expression as well is a complex number. A complex number is a real number, an imaginary number or a number with both real and imaginary number. Its standard form is:
a + bi
<span>( 9 + 5i)( 9 + 8i)
</span>81 + 72i + 45i -40
41 + 117i
