Answer:
The number of years needed is 15.75 years.
Step-by-step explanation:
The investment amount (present value) = $200
Interest rate =4.5%
Double of investment = $400
Now we have to find the time or number of years in which the investment amount will be doubled. So, just use the below formula to find the number of years.
Future value = present value ×(1+interest rate)^n
400 = 200×(1+4.5%)^n
N = 15.75 years
The number of years required to double the amount is 15.75 years.
Answer:
THE ANSER IS C.
Step-by-step explanation:
Answer:
3/10 or 30% chance red and green being pulled
Step-by-step explanation:
to get your fraction you do your amount wanted pulled (red and green) over the amount total (all of the colors)
24 + 12 = 36
40 + 24 + 12 + 24 + 20 = 120
36/120 now reduce 6
6/20 reduce by 2
3/10
Step-by-step explanation:
So you solve the equation for x and then solve it for y. If the x and y match the given ordered pair then the answer is yes
