Answer:
43.35 years
why?
From the above question, we are to find Time t for compound interest
The formula is given as :
t = ln(A/P) / n[ln(1 + r/n)]
A = $2500
P = Principal = $200
R = 6%
n = Compounding frequency = 1
First, convert R as a percent to r as a decimal
r = R/100
r = 6/100
r = 0.06 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06/1)] )
t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06)] )
t = 43.346 years
(credit to VmariaS)
He has paid 22 500 meanign that he says more than the car cost
The system should look like this:
eh + b = 243
eh - b = 109
Answer:
A. 3
Step-by-step explanation:
y - 9 = 3(x-2)
y = 3x - 6 + 9
y = 3x + 3
slope is 3x = 3
Answer:
Jackson spent $59.48 altogether
Step-by-step explanation:
15.98+19= 34.98
34.98+24.50= 59.48