9514 1404 393
Answer:
C) 12y 8m
Step-by-step explanation:
The amount of principal P at compound monthly at interest rate r per year is given by ...
A = P(1 +r/12)^(12t) . . . . after t years
Here, we want to find t, so ...
A/P = (1 +r/12)^(12t)
log(A/P) = (12t)·log(1 +r/12)
t = log(A/P)/(12·log(1 +r/12))
Filling in the given values, we find t to be ...
t = log(8000/4000)/(12·log(1 +0.055/12)) ≈ 12.6315 ≈ 12 years 7.6 months
It will take about 12 years 8 months to double the money.
Answer:
1:7
Step-by-step explanation:
Answer:
US$ 132.45
Step-by-step explanation:
See attachment for the missing table.
Given:
Richard’s checking account balance at the beginning of the week = $57.34
<u>Richard’s account balance at the end of the week from the given table:</u>
Deposits of the week = US$ 163.75
Expenses of the week = Groceries + Credit card bill + Gas
Expenses of the week = 25.37 + 50 + 13.27
Expenses of the week = US$ 88.64
Richard’s account balance at the end of the week = Richard’s checking account balance at the beginning of the week + Deposits of the week - Expenses of the week
Replacing with the real values:
Richard’s account balance at the end of the week = 57.34 + 163.75 - 88.64
=US$ 132.4
Hi!
There are two ways to do this.
1. Start with the first part of the decimal, (4.) then divide 3/7 to get the second part.
3/7 = 0.43
4.43
2. Convert the mixed number 4 3/7 to a fraction.
4 x 7 = 28
28 + 3 = 31
31/7
Now convert that into a decimal.
31/7 = 4.43
The answer is 4.43
Hope this helps! :)
25.69 + .75= $26.44
Hope this helps.