Answer:
y </ 4x - 6
Step-by-step explanation:
Answer:
its either -20 or -7
Step-by-step explanation:
i believe its -20 tho hope it helps
This is the future value quadrupled in t years at an annual interest rate of 6.5% compounded daily. We need to find t.
1*(1+0.065/365)^(365t)t=4
take log on both sides,
365t(log(1+0.065/365)=log(4)
=>
365t=log(4)/log(1+0.065/365)
t=(log(4)/log(1+0.065/365))/365
=(1.38629/.000178066)/365
=21.33 years
Check with the rule of 69, applicable to continuous compounding (an approximation to current problem) to double money, it take 69/interest rate in % years.
=69/6.5
=10.62 years
To double twice (quadruple), it takes twice 10.62
=21.24 years, not that far from 21.33 that we got earlier.
I am pretty sure that the right answer is being shown by the third option from the scale represented below the asked question. A far as I am concerned, the number of points that lie on a period at the end of a sentence are <span>measureable. I do hope you still need the answer because this one is really helpful.</span>
