Answer:
The rate is 1 ÷ 2 yards per hour
Step-by-step explanation:
The computation of the rate does the amount of yarn changes is given below:
= 3 3 ÷ 4 - 1 1 ÷8
= 15 ÷ 4 - 9 ÷ 8
= 21 ÷ 8 yards
Now divide the above fraction by the number of hours
= 21 ÷ 8 yards ÷ 5 1 ÷ 4
= 21 ÷ 8 × 4 ÷ 21
= 1 ÷ 2 yards per hour
Hence, the rate is 1 ÷ 2 yards per hour
The same would be relevant
Answer:
It is VERY important to use the attached formula.
Years = ln (Total / Principal) / rate
Years = ln (6,000 / 2,000) / rate
Years = ln (3) / rate
Years = 1.0986122887 / .015
Years = 73.24 years
This takes a LONG time because the interest rate is extremely low.
Step-by-step explanation: