Hello from MrBillDoesMath!
Answer:
16
Discussion:
(6 -2 ) ^2 =
4 ^ 2 =
16
Thank you,
MrB
Compound interest formulaAccumulated sum= P(1+r)^twhere P=present valuer=interest per periodt=number of periods
Given
P=48000
i=7% per year
accumulated sum = 121
Need to find t
Apply compound interest formula
121000=48000(1.07)^n
Divide by 48000, and take log on both sides
n*log(1.07)=log(121000/48000)
n=log(121000/48000)/log(1.07)
=13.666 years
Ans. it will take 13.7 years the initial deposit will reach 121000
Try using this app called Calculator Soup, but even tho the name isn’t quite common that doesn’t matter
Answer:
12
Step-by-step explanation:
12 is 75 of 15 %^%^%^%^^^___<<<7<
Answer:
0.33
Step-by-step explanation: