Fist break up each number in the hundreds column add the tens and the ones then add the hundreds to the previous answer
Answer:
Step-by-step explanation:
J
Answer:
Step-by-step explanation:
Do you have any answer choices for this or I can’t answer it
Answer:
7.87 years
Step-by-step explanation:
#First we determine the effective annual rate based on the 9% compounded semi annual;

#We then use this effective rate in the compound interest formula to solve for n. Given that the principal doubles after 2 yrs:

Hence, it takes 7.87 years for the principal amount to double.