Answer:
Approximately 22.97 years
Step-by-step explanation:
Use the equation for continuously compounded interest, which uses the exponential base "e":
Where P is the principal (initial amount of the deposit - unknown in our case)
A is the accrued value (value accumulated after interest is compounded), in our case it is not a given value but we know that it triples the original deposit (principal) so we write it as: 3 P (three times the principal)
k is the interest rate : 5% which translates into 0.05
and t is the time in the savings account to triple its value (what we need to find)
The formula becomes:
To solve for "t" we divide both sides of the equation by P (notice it cancels P everywhere), and then to solve for the exponent "t" we use the natural logarithm function:
Answer:
32
Step-by-step explanation:
To make it a fraction form answer, you multiply the whole number by the denominator and make the result the new numerator. The old numerator becomes the new denominator
Thus, the answer to 12 divided by 3/8 in fraction form is:
96
/3
To make the answer to 12 divided by 3/8 in decimal form, you simply divide the numerator by the denominator from the fraction answer above:
96 / 3 = 32
The answer is rounded to the nearest two decimal points if necessary.
96/3 can be simplified to 32/1.
32/1 is an improper fraction and should be written as 32.
Hope this helps <3
<h3><u>The x intercept is at (-7, 0).</u></h3><h3><u>The y intercept is at (0, 1).</u></h3>
To find both the x and the y intercept, we need to solve one at a time.
For the x intercept, we need to make the value of y equal to 0, and solve for x.
-x + 7y = 7
-x + 7(0) = 7
-x = 7
Multiply both sides by -1.
x = -7
The x intercept is -7.
Now for the y intercept.
-(0) + 7y = 7
7y = 7
Divide both sides by 1.
y = 1
The y intercept is at 0, 1.
23 represents the wait time at the time the store opens.
<span>67 24 out of 100 i believe</span>
