Answer:
94 years
Step-by-step explanation:
We can approach the solution using the compound interest equation

Given data
P= $40,000
A= $120,000
r= 1.25%= 1.25/100= 0.0125
substituting and solving for t we have

dividing both sides by 40,000 we have

dividing both sides by 0.005 we have

Answer:
13=x
Step-by-step explanation:
Side-spliting theorem
21/(x-4)=14/6
cross multiply
21*6=14*(x-4)
distribute 14
126=14x-56
add 56 to both sides
126+56=14x-56+56
leaving you with
182=14x
Divide both sides by 14 to get x by itself
182/14=14x/14
13=x
<span>0.03 x 1,000=30! In multiplying decimals, you'll move the decimal's period to the number of zeroes in the multiplier! 1,000 has 3 zeroes. So, it's equal to 30. So basically he was wrong because 0.03 times 1,000 doesn't equal 3 it equals 30. He made the mistake of not moving the decimal point enough.</span>