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A = P( 1 + rt)
A/P = 1 + rt
A/P - 1 = rt
t = (( A/P)) - 1)/r
t = (( 5500/1000) - 1)/(6.25/100
t = (5.5 - 1)/0.0625
t = 4.5/0.0625 = 72 years
Answer it will take 72 Years...
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Answer:
30 m
Step-by-step explanation:
Answer:
To find the area, you have to multiply its height by its width.
Step-by-step explanation:
The CPI increased from 29.6 to 82.4.
The rate of increase, is:
82.4/29.6 = 2.78
Now multiply this rate to the $0.14 price of grapes from 1960.
$0.14 x 2.78 = $0.39
Now to get the amount of increase subtract the new price from the original price:
$0.39 - $0.14 = $0.25 increase.