Present value, PV = $500
Future value, FV = 2*PV = 2*500 = $1,000
Rate, r = 4% = 0.04
Compounding times in a year, n = 4 (compounded quarterly)
Time, t = ??
The future value expression is stated as:
FV = PV (1+r/n)^nt
Substituting;
1000 = 500 (1+0.04/4)^4t
2 = (1.01)^4t
ln 2 = 4t ln 1.01
0.6931 = 4t* 0.00995
0.6931 = 0.0398t
t = 17.414 years
Time required for the amount to double is 17.41 years.
3(x+2) < 10 //// that should be right!!
Answer:
y= (9,13)
Step-by-step explanation:
i think im really sorry if im wrong
AA is why they are similar.
Answer:
It should be 25.
Step-by-step explanation:
If you divide 750 by 150 you get 5, then you multiply 5 by 5 and get 25.
