Answer:
It will take 12 and 30 hours
Step-by-step explanation:
To solve this, you need to divide by <u>distance needed to travel by the speed</u>
600/48 is equal to 12.5 hours.
.5 hours is equal to 30 mins because 60mins times .5 is 30 minutes, therefore <u>the final answer is 12.5 hours</u>
I hope this helps :)
Cost = (3,500) * (1.04)^years
Cost = (3,500) * (1.04)^4
<span><span><span>Cost = (3,500) * 1.16985856
</span>
</span>
</span>
<span><span>Cost = </span>4,094.50</span>
Answer:
3
Step-by-step explanation:
This is an exponential decay problem.
Using the equation Y = a *(1-rate)^time
where Y is the future value given as 12,000 and a is the starting value given as 13,000.
The rate is also given as 5%.
The equation becomes:
12,000 = 13,000(1-0.05)^x
12,000 = 13,000(0.95)^x
Divide each side by 13000:
12000/13000 = 0.95^x/13000
12/13 = 0.95^x
Use the natural log function:
x = ln(12/13) / ln(0.95)
x = 1.56 years. ( this will equal 12,000
Round to 2 years it will be less than 12000.
