An approximate number, that can be calculated mentally, is by using the rule of 72: Divide 72 by the interest in % to give the number of years needed to double the money.
In this case, the approximate number of years
n= 72/4=18 years (approximately)
Precise value by compound interest formula:
2P=P*(1.04)^n
=>
1.04^n=2
take logs on both sides
nlog(1.04)=log(2)
n=log(2)/log(1.04)=17.673 years
Answer:
50/1, 100/2, 250/5, 400/8
Answer:
just googlr it did
Step-by-step explanation:
by step
Answer:
Step-by-step explanation:
I think I have helped you before with this problem, substitute x and y with -3 and 8 respectively, so 5*(-3)+8b=17, -15+8b=17, 8b=32, divide both sides by 8 and you get b=4
Answer:
Answers are below
Step-by-step explanation:
1. List all possible outcomes
HHH HHT HTH HTT TTT THH THT TTH
2. The probability of tossing 2 tails and 1 head is 3/8.
3. The probability of getting exactly 1 tail is 3/8. The probability of tossing at least 2 heads is 4/8 or 1/2. There is a greater chance of tossing at least 2 heads than tossing exactly 1 tail.
