Answer:
133.33 years
Step-by-step explanation:
Given that:
Principal = $500
Interest rate (r) = 1.5% = 0.015
Triple amount of principal = $500 * 3 = $1500 = final amount (A)
Number of years (t) =?
Using the relation :
A = P(1 + rt)
1500 = 500(1 + 0.015t)
1500 / 500 = 1 + 0.015t
3 = 1 + 0.015t
3 - 1= 0.015t
2 = 0.015t
2 / 0.015 = 0.015t / 0.015
133.333 = t
133.33 years
Answer:
$5.50
Step-by-step explanation:
2.50divided by 10= .25
.25 times 22= 5.50
Answer:
t = 4
General Formulas and Concepts:
<u>Pre-Algebra</u>
- Order of Operations: BPEMDAS
- Equality Properties
<u>Algebra I</u>
Step-by-step explanation:
<u>Step 1: Define equation</u>
t + t + t = 12
<u>Step 2: Solve for </u><em><u>t</u></em>
- Combine like terms (t): 3t = 12
- Divide 3 on both sides: t = 4
<u>Step 3: Check</u>
<em>Plug in t into the original equation to verify it's a solution.</em>
- Substitute in <em>t</em>: 4 + 4 + 4 = 12
- Add: 8 + 4 = 12
- Add: 12 = 12
Here we see that 12 does indeed equal 12.
∴ t = 4 is a solution of the equation.
Answer:
Step-by-step explanation:
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