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:
I need help though cause I had this for homework right now
Step-by-step explanation:
The first answer is 9130000
I had a similar worksheet but I got it done a while ago soooooo sorry
Answer:
3.75x-8.75 or
Step-by-step explanation:
Answer:
Step-by-step explanation: It is 1/2 of 14 = 7 hours to the moot
And plug in 7 hours to the equation 4*7+14*7=126 divide that by 2 and the distance is 63
