Answer:
linear
Step-by-step explanation:
it would be linear because there is a constant rate of change
7.580 is 758% as a decimal to the thousandths place.
Answer:
7 years 11 months
Step-by-step explanation:
The future value formula for the value of a principal P invested at annual rate r compounded n times yearly for t years is ...
FV = P(1 +r/n)^(nt)
For the given numbers, we want to find t:
6000 = 3700(1 +.062/2)^(2t)
Dividing by 3700 and taking the logarithm, we get ...
6000/3700 = 1.031^(2t)
log(60/37) = 2t·log(1.031)
Dividing by the coefficient of t gives ...
t = log(60/37)/(2log(1.031)) ≈ 7.92 . . . . . years
It will take about 7 years 11 months for the investment to grow to $6000.
You can divide the fractions
Answer:
A - (1,2) (2,6)
B - 3.5
C - I don't know... Sorry
D - At least 3.5
E - (5,6) (1,2)
Step-by-step explanation:
