The formula is
A=p (1+r)^t
A future value 7300
P present value 1500
R interest rate 0.0675
T time?
7300=1500 (1+0.0675)^t
Solve for t
Divide both sides by 1500
7300/1500=1.0675^t
Take the log for both sides
Log (7300/1500)=t×log (1.0675)
Divide both sides by log (1.0675)
T=log(7,300÷1,500)÷log(1.0675)
T=24.2 years round your answer to get 24 years
Hope it helps!
0.12 can be written as 12/100 or 3/25. It is very much a rational number as no square root is involved in the fractional form of the number.
Answer:it is rational
Step-by-step explanation:
repeating decimals are rational
When u multiply by a fraction, you get a smaller number. Multiplication means<span> “of,” especially with fractions. So 0.2 × 9 means, “0.2 of nine”—and that’s smaller than nine. Hope that helps
</span>