The future value (A) of a one-time investment of principal amount P at interest rate r compounded n times per year for t years is ...
... A = P(1 +r/n)^(nt)
Putting your given numbers into the formula, we have
... 876.34 = 300(1 +.06/4)^(4t)
Taking logarithms, this becomes the linear equation
... log(876.34) = log(300) + 4t·log(1.015)
Solving for t in the usual way, we get
... log(876.34) -log(300) = 4t·log(1.015) . . . . . . . subtract the constant term on the right
... (log(876.34) -log(300))/(4·log(1.015)) = t ≈ 18.00 . . . . divide by the coefficient of t
It will take <em>18 years</em> for the $300 CD to reach a value of $876.34.
the answer is x = 20/3 + 4/3y
how to: 3x - 4y - 8 = 12
3x = 12 + 4y + 8
3x = 20 + 4y
x = 20/3 + 4/3y
Answer:
356 hope this is correct :)
Step-by-step explanation:
Answer:
Radius = 11.85yd
Step-by-step explanation:
Volume of a Cone formula: V = πr²(h/3)
We know that;
V = Volume
r = radius
π = pi (this is a sign located on your calculator)
h = height
We are given that;
V = 4,410
r = unknown
h = 30
Let's substitute the values in:
=> V = πr²(h/3)
=> 4,410 = πr²(30/3)
=> 4,410 = πr²(10)
=> 4,410 / 10 = πr²
=> 441 = πr²
=> 441 / π = r²
=> 140.37 = r²
=>
= r
=> 11.85 = r
Therefore, <u>the radius of the cone = 11.85yd</u>
Hope this helps!