Answer:
It will take about 35.439 years to triple.
Step-by-step explanation:
Recall the formula for continuously compounded interest:

where "A" is the total (accrued or future) accumulated value, "r" is the rate (in our case 0.031 which is the decimal form of 3.1%), "P" is the principal, and "t" is the time in years (our unknown).
Notice also that even that the final amount we want to get is three times $48,000. So our formula becomes:

Now,in order to solve for "t" (which is in the exponent, we use logarithms:

Answer:
1
Step-by-step explanation:
cause if :
y=4
4(x)=4
4(1)=4
4=4
hope this helps
Answer:
Abe
Step-by-step explanation:
When it comes to art, you may need to read books in order to understand how to paint. That is as logical I can get :)
Answer:
1
Step-by-step explanation: