Answer:
It will take 55 years for the account value to reach 38200 dollars
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:

In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
After t years, the total amount of money is:
.
In this problem, we ahve that:

So
First we find how much we have to earn in interest.
.


How much time to earn this interest?




Rounding up
It will take 55 years for the account value to reach 38200 dollars
Answer:
Step-by-step explanation:
Answer:
the value of 2 in 0.812 is 2 thousandths/0.002
0.002 = 2/1000
0.812 = 812/1000
Answer:
Step-by-step explanation:
<u>Full charge can be expressed as equation:</u>
- c = 2.5 + 0.75m, where c- charge, m- miles
<u>The limit for charge is $13, then we got inequality:</u>
- 0.75m + 2.5 ≤ 13
- 0.75m ≤ 9.5
- m ≤ 9.5/0.75
- m ≤ 12.66
Option B: 10 is correct as the only number satisfying the inequality