Answer:
It would be 8 PM.
Step-by-step explanation:
If you keep decreasing 23 by 7 till you get to -5, it would have to be decreased 4 times to get to -5. This means that the time would have to go up 4 times the 45 minute rate, which would be 3 hours. 5 pm + 3 hours is 8 PM.
Diversification is putting more money into more then one investment
I think the answer is True
Answer:
The correct answer is a. $2275.28; b. 17.04 years
Step-by-step explanation:
Principal to be invested is $2000
Interest rate (r) per year is 6.5 quarterly.
Interest is calculated compoundly.
a. Time (t) for the investment is given to be 2 years.
Amount after two years is = Principal × where the value of n is 4.
⇒ A = 2000 ×
⇒ A = $2275.28.
b. Now the value of A is given to be triple the principal = $ (3 × 2000).
Therefore we need to find the value of t.
⇒ 3 × 2000 = 2000 ×
⇒ ㏑ 3 = 4t × ㏑ ( 1.01625)
⇒ t = 17.04
Therefore it would take 17.04 years for the principal to triple.
Step-by-step explanation:
4x-0=12
4x=12divide both sides by 4
x=3