<h3>
Answer: log(2)</h3>
Explanation:
The rule to use here is log(x)-log(y) = log(x/y)
So,
log(6)-log(3) = log(6/3) = log(2)
Answer: the future value is $1748.4
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 1550
r = 4% = 4/100 = 0.04
n = 365 because it was compounded 365 times in a year.
t = 3 years
Therefore,.
A = 1550(1 + 0.04/365)^365 × 3
A = 1550(1+0.00011)^1095
A = 1550(1.00011)^1095
A = 1550 × 1.128
A = 1748.4
Answer:
(b)
Step-by-step explanation:
Given

Required
The graph
First, make y the subject

Divide through by 3

Let x = 3

Let x = 6

So, we plot the graph through
and 
See attachment for graph
That type of graph is called a line plot
A = P(1+r/n)<span>(nt)
A = 22000(1+0.07/1)^(1*3)
A = 26,950.95
</span>26,950.95 - 22000 = 4950.95
answer: Glen earns $4,950.95 interest in 3 years