Answer:
16 years
Step-by-step explanation:
Given data
Principal= $8500
Rate= 4.5%
Final amount= $17,323
The expression to find time in compound interest is given as
t= ln(A/P)/r
substitute
t= ln(17323/8500)/0.045
t= ln(2.038)/0.045
t=0.711/0.045
t= 15.8 years
Hence the total time is about 16 years
Answer:
By mail
Step-by-step explanation:
Answer:
-2
Step-by-step explanation:
Answer:
nonproportional
Step-by-step explanation:
proportional would mean that the y intercept is 0 but it's 3
