Answer: About 73 years
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 2000
r = 5.5% = 5.5/100 = 0.055
n = 1 because it was compounded once in a year.
A = 100000
Therefore,.
100000 = 2000(1 + 0.055/1)^1 × t
100000/2000 = (1.055)^t
50 = 1.055^t
Taking log of both sides, it becomes
Log 50 = log 1.055^t
1.699 = t × log 1.055
1.699 = 0.0234t
t = 1.699/0.0234
t = 72.6
Approximately 73 years
7√6 or in decimal form it’s 17.1464819....
Answer:
9.93
Step-by-step explanation:
Just add your tax to your price.
Answer:
right angles and obtuse angles
Step-by-step explanation:
We assume that anything that <em>looks like</em> a right angle <em>is</em> a right angle.
The angles at the left end of each horizontal line are right angles.
The angles at the right end of each horizontal line are obtuse angles.
The angle where the diagonal lines meet is a right angle.
The shape contains right angles and obtuse angles.
