3 years ago

Find the time required for an investment of 5000 dollars to grow to 8300 dollars at an interest rate of 7.5

Mathematics

1 answer:

Nutka1998 [239]3 years ago

4 0

Answer:

1.60 (rounded)

Step-by-step explanation:

I haven't done this in a while but you'd use the compound interest formula a=p(1+r)^n where a=8300 p=5000 r=0.075 and solve for n

You might be interested in

In Jaden’s yard, there is a triangular garden patch. He wants to plant a geranium in the patch at a point equidistant from all i

jok3333 [9.3K]

In Jaden’s yard, there is a triangular garden patch. He wants to plant a geranium in the patch at a point equidistant from all its vertices. J<span>aden should plant the geranium </span>"at the point of intersection of an angle bisector and a perpendicular bisector of the triangle."

5 0

4 years ago

True or False: The range of a logarithmic function is always all real numbers.

Readme [11.4K]

Answer: true!

Step-by-step explanation: i do not know but true!

5 0

3 years ago

Read 2 more answers

Rich is tossing a normal quarter. He tosses the quarter 25 times and it lands on heads 5 times. If Rich tosses the quarter again

kotegsom [21]

Answer: