Here's the given:
P=$400
i=7.5%
A=$8500
The formula used for this problem is:
A = P(1+i)^t
Manipulating the equation to arrive at t, we have:
t = ln(A/P) / ln(1+i)
Plugging in values:
t = ln($8500/$400) / ln(1+0.075)
t = 42.26 years
The answer to the question is B.
Answer:
slope =2
Step-by-step explanation:
use math-way it helps
Answer: A. 19x + 2
Step-by-step explanation:
3/4 or 0.75 hope this helps :)
