The number of years it would take $4000 to grow to $4616 is 2.92 years.
<h3>How many years would it take the investment to have a value of $4616?</h3>
When an amount earns compound interest compounded semi annually, it means that both the amount invested and the interest accrued increases in value twice yearly.
Number of years = (In FV / PV) / r
- r = 9.8/2 = 4.90%
- FV = future value = 4616
- PV = present value = 4000
(In 4616 / 4000) / 0.049 = 2.92 years
I assume you meant to type x for %.
If not, basically back-substitute at the end of the solution.
F(x) = 4x - 3
Let y = F(x)
y = 4x - 3
x = 4y - 3
x - 3 = 4y
(x - 3)/4 = y
Let y = F^(-1)x
F^(-1)x = (x - 3)/4
If you want % in your answer, just replace x for % in your answer.
It’s 12
On the first side (smaller triangle/ ABC) the give you one side that equals 4 and on the next triangle (bigger triangle/ DEF) it’s 8 meaning you’re going to multiply each corresponding side by 2
change it to 269 then add 15
<span>sixteen and nine hundred eighty-five hundredths
six-thousandths
two hundred thirty-eight hundredths</span>
