Here is the compound interest formula solved for years:
<span>Years = {log(total) -log(Principal)} ÷ log(1 + rate)
</span>Years = {log(800) - log(600)} <span>÷ log(1.025)
</span><span>Years = {2.903089987 -2.7781512504} / 0.010723865392
</span>Years = {
<span>
<span>
<span>
0.1249387366
} / </span></span></span><span><span><span>0.010723865392
</span>
</span>
</span>
Years =
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<span>
<span>
11.6505319708
</span>
</span>
</span>
That's how many years it takes for the $600 to become exactly $800.00
The question specifically asks how long for the money to be MORE than $800.00?
So, if we enter 800.01 into the equation, then the answer is
Years = {log(800.01) - log(600)} <span>÷ log(1.025)
</span><span>Years = {2.9030954156 -2.7781512504} / 0.010723865392
</span>Years =
<span>
<span>
<span>
0.1249441652
</span>
</span>
</span>
/ 0.010723865392
<span>
<span>
<span>
Years = 11.6510381875
</span>
</span>
</span>
<span><span> </span></span>
Answer:
$30.76
Step-by-step explanation:
Add up all data values to get the sum
Count the number of values in your data set
Divide the sum by the count
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<span><span>
<span>
The
shared variance is (coefficient of determination) is .36.
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</span>
</span></span>
Answer:
The width of the floor is 10 ft.
Step-by-step explanation:
First, you have to form expressions of width and length in terms of w. With the given information :
width = w ft
length = (w - 2) ft
Given that the area of rectange is A = length × width so you have to subtitute the expressions and value into the formula :
A = l × w
80 = (w - 2) × w
w(w - 2) = 80
w² - 2w = 80
w² - 2w - 80 = 0
(w + 8)(w - 10) = 0
w + 8 = 0
w = -8 (rejected)
w - 10 = 0
w = 10
Answer:
It's the second option -> y = 1/2x -1