Answer: 35
Step-by-step explanation: Let me know if you need an explanation.
9514 1404 393
Answer:
19 years
Step-by-step explanation:
The compound interest formula tells you the future value of principal P invested at annual rate r compounded n times per year for t years is ...
A = P(1 +r/n)^(nt)
Solving for t, we get ...
t = log(A/P)/(n·log(1 +r/n))
Using the given values, we find t to be ...
t = log(2.13022)/(4·log(1 +0.04/4)) ≈ 19.000
The investment will be worth $213,022 after 19 years.
<h2>========================</h2>
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<span>The rate is usually given as a percent.To find the discount, multiply the rate by the original price.<span>To find the sale price, subtract the discount from original price</span></span>
Answer:
E
Step-by-step explanation:
Hopefully this isn't too late. My work is attached below.