The time it will take the principal to grow to the desired amount is 0.7 years
Using the compound interest formula :
A = P(1 + r/n)^(nt)
A = final amount = 225,000
P = principal = 180,000
r = rate = 3.12%
n = Number of compounding times per period = 12(monthly)
t = time
225000 = 180000(1 + (0.0312 /12))^(12t)
Divide both sides by 180000
225000/180000 = (1 + (0.0312 /12))^(12t)
1.25 = 1.026^12t
Take the log of both sides
0.0969100 = 0.0111473 × 12t
0.0969100 = 0.1337676t
Divide both sides by 0.1337676 to isolate t
0.0969100 / 0.1337676 = t
0.7244 years
0.7 years
It will take 0.7 years for the amount to grow
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Answer:
The correct answer is
d. Sampling Interval = Population size ÷ Sample size.
Step-by-step explanation:
According to Johnstone et al., (2014) "<em>Once the auditor has determined the appropriate sample size, a sampling interval is calculated by dividing the population size by the sample size.</em>"
Thus,
Sampling Interval = Population size ÷ Sample size.
Johnstone, K., Rittenberg, L. and Gramling, A. (2014). <em>Auditing: A Risk-Based Approach to Conducting a Quality Audit.</em> Ninth Edition.
98.66074, you just multiply the two values
Answer:
C = (A*P - 8.4Y -330T + 200I) / 100
Step-by-step explanation:
P = (8.4Y + 330T + 100C -200I ) / A
now we have to calculate completed passes C for given P, Y, T, I, A
A*P = 8.4Y + 330T -200I +100C
100C = A*P - 8.4Y - 330T + 200I
C = (A*P - 8.4Y -330T + 200I) / 100
I just solved the equation for C
The given function f(x) is:
And the other given function g(x) is:
g(x) in comparison with f(x) has the next transformation:
1. g(x)=f(bx): g(x)=3(0.1x)+5. This is a horizontal stretch: the x-coordinates will change as:
This is the graph of both functions:
The red-one is f(x) and the blue-one is g(x).
Then for example when the coordinates of f(x) are (1,8) for g(x) the coordinates will be:
Then, the slope of f(x) has a greater value than the slope of g(x), since the change on the x-axis is bigger in the g(x) graph for the.
