Answer:
11 half years
Step-by-step explanation:
The formula for compound interest is
A = P(1+r/n)^(nt), with r representing the interest rate, n being the number of times interest is applied over the time period, and t being the amount of time periods.
If we make the time period a half year (so interest is compounded once per time period), n=2. Then, our interest rate is 7%, or 0.07 (to convert from percent to decimal, simply divide by 100). Our starting amount is 500, and we want it to double, making it 1000. Our formula is thus
1000 = 500 (1+0.07)^(t)
divide both sides by 500
2 = (1+0.07)^(t)
2 = (1.07)^(t)
Using logarithms, we can say that
and using a calculator, we get
10.24 = t
Since interest is only compounded once per time period, though, we have to round up to make sure it doubles, so t = 11
Answer:
your number is 30
Step-by-step explanation:
x ÷ 3 - 4 = 6
x = 30
Answer:
1: -13
Step-by-step explanation:
First, simplify the equation to -2y+10=36
Subtract 10 from both sides
-2y=26
Divide negative 2 from both sides
y=-13
Answer:
0
Step-by-step explanation:
The slope of a line is obtained thus :
Slope = Rise / Run
Rise = (x2 - x1)
Run = (y2 - y1)
x2 = 3 ; x1 = 0
y1 = - 20 ; y2 = - 20
Slope = (-20 - (-20)) / (3 - 0)
Slope = (-20 + 20) / 3
Slope = 0 / 3
Slope = 0
Hence, the slope or rate of change = 0
Greetings!Solve using the properties of equality:
Add
-5 to both sides.
Divide both sides by
3.
The Answer Is:Hope this helps.
-Benjamin