Answer:
43.407 years
Step-by-step explanation:
Zoe invest $600 in college savings account. The account earns 5.7% interest compounded quarterly. How many years will it take for Zoe's account to reach $7,000?
We are asked to find time t in a compound interest formula
The formula is given as:
t = log(A/P) / n[log(1 + r/n)]
A = Total amount = $7000
P = Principal = $600
n = number of times interest is compounded = Quarterly =4
r = Interest rate = 5.7% = 0.057
Hence,
t = log(7000/600) /4[log (1 + 0.057/4)]
t = 43.407 years
Answer:
C
Step-by-step explanation:
The correlation is becoming stronger, with a negative direction.
The closer a number is to the zero in the number line when its negative the more value it has.
Now if the number is negative and its away from zero in the number line the less value it has.
Use the Pythagorean theorem
H = sqrt (8^2 + 15^2)
H = sqrt(64 + 225)
H = sqrt(289)
H = 17 km