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liberstina [14]
3 years ago
9

NEED FAST HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Mathematics
1 answer:
Feliz [49]3 years ago
7 0

Answer:

3rd

Step-by-step explanation:

i got a 100

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It's 13.50 I'm pretty sure
$13.50 • 1.06 is $14.31
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The balance in your bank account is $720.50. You use your debit card for purchases of $45, $82, and $22.25. Then, you deposit $9
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At the school cafeteria, you can get 3 slices of pizza for $5.94. At this rate, how much would 7 slices cost, in dollars and cen
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A person invests 7000 dollars in a bank. The bank pays 5.5% interest compounded
kotykmax [81]

The time required to get a total amount of $13,200.00 with compounded interest on a principal of $7,000.00 at an interest rate of 5.5% per year and compounded 12 times per year is 11.559 years. (about 11 years 7 months)

Answer:

t = 11.559 years

<h3>Compound Interest </h3>

Given Data

  • Principal P= $7000
  • Rate r= 5.5%
  • Final Amount A = $13200
  • Time t = ??

(about 11 years 7 months)

Calculation Steps:

First, convert R as a percent to r as a decimal

r = R/100

r = 5.5/100

r = 0.055 per year,

Then, solve the equation for t

t = ln(A/P) / n[ln(1 + r/n)]

t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.055/12)] )

t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.0045833333333333)] )

t = 11.559 years

Learn more about compound interest here:

brainly.com/question/24924853

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2 years ago
What is 65 less then j in a algebraic expression
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65 less than J in an algebraic expression would be " 65-j "
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3 years ago
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