Which point on the number line could represent Negative 2 and one-fourth? A number line going from negative 5 to positive 5. Poi
2 answers:
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Answer:
9.694 years
Step-by-step explanation:
Let the investment is $P.
So, we are asked to determine the time it will grow to triple with the compound interest rate of 12%.
Let the time is y years.
So, from the formula of compound interest we can write
⇒
⇒
Now, taking log both sides we get,
y log 1.12 = log 3 {Since, }
⇒ 0.04922y = 0.477712
⇒ y = 9.694 years (Answer)
Answer:
X =10
Step-by-step explanation:
If you have a scientific calculator that can help you a lot.
I will upload a picture you can follow to solve this problem.
