Present value, PV = $500
Future value, FV = 2*PV = 2*500 = $1,000
Rate, r = 4% = 0.04
Compounding times in a year, n = 4 (compounded quarterly)
Time, t = ??
The future value expression is stated as:
FV = PV (1+r/n)^nt
Substituting;
1000 = 500 (1+0.04/4)^4t
2 = (1.01)^4t
ln 2 = 4t ln 1.01
0.6931 = 4t* 0.00995
0.6931 = 0.0398t
t = 17.414 years
Time required for the amount to double is 17.41 years.
0.34 x 9 is 3.06
Answer= 3.06
Hope this helps!
Answer:
The answer is -3
Step-by-step explanation:
Rise over run=slope, so 3/-1=-3.
The slope is -3.
Answer:
x = 
Step-by-step explanation:
Given
y = mx + b ( isolate the term in x by subtracting b from both sides )
y - b = mx ( divide both sides by m )
= x
12(2a-3)=-4a+5
Remember to follow PEMDAS. Note the equal sign, what you do to one side, you do to the other.
First, distribute 12 to all terms within the parenthesis
12(2a) = 24a
12(-3) = -36
24a - 36 = -4a + 5
Add 4a to both sides, and add 36 to both sides
24a (+4a) - 36 (+36) = -4a (+4a) + 5 (+36)
24a + 4a = 5 + 36
Simplify
28a = 41
Isolate the a. Divide 28 from both sides
28a/28 = 41/28
a = 41/28
Simplify a
a = 1.46 (simplified)
hope this helps
