Answer:
p = A/(1 +rt)
Step-by-step explanation:
Combine terms using the distributive property, then divide by the coefficient of p.
A = p(1 +rt)
A/(1 +rt) = p
Answer:
x = 31 °
Step-by-step explanation:
90 = 58 + x
x = 90 - 58
x = 31 °
Answer: The equation that represents the road is y= - 1/3x +1/3
Step-by-step explanation:
Answer:
how can I find the value of t when it is not equated
Step-by-step explanation:
still on that
The time it will take the principal to grow to the desired amount is 0.7 years
Using the compound interest formula :
A = P(1 + r/n)^(nt)
A = final amount = 225,000
P = principal = 180,000
r = rate = 3.12%
n = Number of compounding times per period = 12(monthly)
t = time
225000 = 180000(1 + (0.0312 /12))^(12t)
Divide both sides by 180000
225000/180000 = (1 + (0.0312 /12))^(12t)
1.25 = 1.026^12t
Take the log of both sides
0.0969100 = 0.0111473 × 12t
0.0969100 = 0.1337676t
Divide both sides by 0.1337676 to isolate t
0.0969100 / 0.1337676 = t
0.7244 years
0.7 years
It will take 0.7 years for the amount to grow
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