We can solve
this problem by using the formula:
1 +
fractional increase = (original employees + new employees) / original employees
Lets say,
x = original
employees
Therefore
substituting the known values:
1 + 0.05 = (x
+ 30) / x
1.05 x = x +
30
0.05 x = 30
x = 600
Therefore
the number of employees working now is:
<span>x + 30</span>
<span>= 630
employees</span>
Answer:
58 %
Step-by-step explanation:
So 18 % of the beads are green and 40 are purple add those and you get 58
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:
