Hi there
The formula is
A=p (1+r/k)^kt
A future value 3000
P present value 100
R interest rate 0.02
K compounded monthly 12
T time?
We need to solve for t
T=[log (A/p)÷log (1+r/k)]÷k
T=(log(3,000÷100)÷log(1+0.02÷12))÷12
T=170.202 years
So it's a
Hope it helps
Answer:
It's C) -6y
Step-by-step explanation:
I know someone already answered but I figured I could explain since it looks like you are getting a little confused. The reason it's not A is because its
-5 + 5 which is zero. So it gets rid of x so your just left with -6y. If it was
5x+5x then it would 10x but the negative makes it 0
Answer:
3.6ft per min
Step-by-step explanation:
