2/3. 5/6 1/2 any work I don't k ow of this is right but it's how I learned it
A=P (1+r/n)^nt
A= Total amount invested, P=principal amount, r=Interest rate, n=number of time in a year when the interest is earned (for annual, n=1; for semi-annual, n=2, ...), t = time in years
In the current scenario, case 1, n=2; case 2, n=1 and A1=A2, t1=t2
Therefore,
800(1+0.0698/2)^2t = 1000(1+0.0543/1)t
Dividing by 800 on both sides;
(1+0.0349)^2t = 1.25(1+0.02715)^t
(1.0349)^2t = 1.25(1.02715)^t
Taking ln on both sides of the above equation;
2t*ln (1.0349)= ln 1.25 + t*ln (1.02715)
2t*0.0343 = 0.2231+ t*0.0268
0.0686 t = 0.2231+0.0268 t
(0.0686-0.0268)t = 0.2231
0.0418t=0.2231
t=5.337 years
Therefore, after 5.337 years or 5 years and approximately 4 months, their value of investments will be equal.
This value will be,
A=800(1+0.0698/2)^2*5.337 = $1,153.76
Answer:
12
Step-by-step explanation:
If Raymond has 25 shirts and Antoine has 13 less than Raymond.
Then you subtract 13 from 25
25-13=12
Answer:
SUre, 2, 3 5
Step-by-step explanation:
Answer:
a = 6
Step-by-step explanation:
(3.14 * 18) * 17.5 = 3.14 * (3a * 17.5)
3.14(3x * 17.5) = (3.14 * 18) * 17.5
3.14(3a * 17.5) = 3.14 * 18 * 17.5
3.14(3a * 17.5) = 989.1
3.14 * 3a * 17.5 * 100 = 989.1 * 100
16485a = 98910
a = 98910/16485
a = 6
