Answer:
4 years and 2 months
Step-by-step explanation:
<u>Simple interest formula</u>
A = P(1 + rt)
where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- t = time (in years)
Given:
- A = $500 × 2 = $1,000
- P = $500
- r = 24% = 0.24
Substitute the given values into the formula and solve for t:
Therefore, it takes 4 years and 2 months for the initial investment of $500 to double at a simple interested rate of 24%.
The equation we're given looks like:
Substituting the information we're given, we have:
This is the same as:
which gives us an answer of $1392.70.
Answer:
105°
Step-by-step explanation:
25+50+x=180
75+x=180
x=105
78,369 because 7 in greatest place-value would be 7 in the front, 8 in thousands place would be 8 after 7, 3 in hundreds place would be 3 after thousands, 6 in tens place would be next, 9 in ones place would be last because it is in the ones place.
Answer:
her loss of $194,050 because it decreasing every time i think.
Step-by-step explanation:
answer a first one
