Answer: C
Step-by-step explanation:
Add 2 to both sides...x>3
Answer:
x=16/113
Step-by-step explanation:
look at them in order
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)
Yeah, you'd divide 1792 by 32 to get 56.