Answer:
8 years
Step-by-step explanation:
Compound interest formula

A(t) is the final amount 55000
A_0= 40000, r= 4% = 0.04, for quarterly n=4

divide both sides by 40000


Take ln on both sides

divide both sides by ln(1.01)

Divide both sides by 4
t=8.00108
So it takes 8 years
Answer:
-6
Step-by-step explanation:
17-6=11
11-6=5
5-6=-1
-1-6=-7
0.0338 divided by 1.3 equals 0.026
Answer:
1. 8,400
2. 3,600
3. 1,500
Step-by-step explanation:
multiply the weeks by the number of cars first, and then times it by the amount of money per car
(weeks×cars per week) money per car
Answer: 5
Step-by-step explanation:
Since, According to the BODMAS, when we solve an expression,
We follow the following sequence,
1. Bracket/ parenthesis
2. Of
3. Division
4.Multiplication
5. Addition
6. Subtraction
Here, the given expression is,

Thus, solving the given expression by following the BODMAS,
We get,
Step 1. 
Step 2. 
Step 3. 
Step 4. 5