Answer:
9.694 years
Step-by-step explanation:
Let the investment is $P.
So, we are asked to determine the time it will grow to triple with the compound interest rate of 12%.
Let the time is y years.
So, from the formula of compound interest we can write
⇒ 
⇒ 
Now, taking log both sides we get,
y log 1.12 = log 3 {Since, 
}
⇒ 0.04922y = 0.477712
⇒ y = 9.694 years (Answer)
The equation of a line given the slope and y-intercept is given as;
m(x-x₁) = (y-y₁)
∴equation of line with m = 2 and y-intercept = (0,3) =
2(x - 0) = (y - 3)
= 2x - 0 = y - 3
making y the subject obtains y = 2x + 3.
so, equation of the line: y = 2x + 3.
Answer:
Acute, 40 degree angle
Step-by-step explanation:
Take 90 - 50 and you get 40
I hope this helps you :)
<em><u>-KeairaDickson</u></em>
