The answer is: "2.5 years" .
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Note: I = P * r * t ; { " Interest = Principal * rate * time "} ;
→ Solve for "t" {"time", in years} ;
Divide each side of the equation by "{P * r}" ;
to isolate "t" on one side of the equation ;
→ I / (P * r) = {P * r * t) / (P * r} ;
to get: " I / (P * r) = t " ;
↔ t = I / (P * r) ;
Given: I = $450 ;
<span>P = $2400 ;
r = 7.5% = 7.5/100 = 0.075 ;
Plug in these values into the formula to solve for the time, "t" :
</span>→ t = I / (P * r ) ;
= $450 / (<span>$2400 * 0.075) ;
= </span>$450 / ($2400 * 0.075) ;
= $450 / $180 ;
= $45 / $18 ;
= ($45 ÷ 9) / ($18 ÷ 9)
= $5 / $2 ;
= 2.5 ;
→ t = 2.5 years.
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The answer is: "2.5 years" .
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Answer:
2046
Step-by-step explanation:
The sum of 2^0 to 2^x added is equal to 2^(x+1)-1 but because 2^0 isnt included its 2^11-2 or 2048-2
Answer:
5.5, 9.5
Step-by-step explanation:
Let x and y be the numbers
x+y = 15
x-y = 4
Add the two equations together to eliminate y
x+y = 15
x-y = 4
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2x = 19
Divide by 2
2x/2 =19/2
x = 9.5
Now find y
x+y = 15
9.5+y = 15
Subtract 9.5
x = 15-9.5
x =5.5
