The time required to get a total amount of $13,200.00 with compounded interest on a principal of $7,000.00 at an interest rate of 5.5% per year and compounded 12 times per year is 11.559 years. (about 11 years 7 months)
Answer:
t = 11.559 years
<h3>Compound Interest </h3>
Given Data
(about 11 years 7 months)
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 5.5/100
r = 0.055 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.055/12)] )
t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.0045833333333333)] )
t = 11.559 years
Learn more about compound interest here:
brainly.com/question/24924853
Percent formula : is/of = %/100
18 is what percent of 20...
is = 18
of = 20
% = x
sub and solve
18/20 = x/100
cross multiply
(20)(x) = (100)(18)
20x = 1800
x = 1800/20
x = 90 <=== so 18 is 90% of 20
Answer:
7: 45.2 (rounded from 45.21)
8: 114.5 (rounded from 114.45)
9: 115.9 (rounded from 115.86)
10: 105.6 (rounded from 105.56)
and of course the unit is cm3
Step-by-step explanation:
The answer is for this question is 4/5
(x-3)^2 + (x+5)^2=9^2
(x^2-6x+9) + (x^2+10x+25)=81
2x^2+4x+34=81
2x^2+4x-47=0
From here just use quadratic formula
