The decimal point separates the places larger than 1 from those that are fractions of 1
Answer: Go up and confront them because i hate when people do that!
Step-by-step explanation:
It truly depends on the ticket you got.
Answer:
About 31 years
Step-by-step explanation:
Given data
Principal= $3500
Rate= 4.75%
Final amount= $15,000
Time=??
The expression for time on compound interest is
Calculate time, solve for t
t = ln(A/P) / r
substitute
Calculate time, solve for t
t = ln(15000/3500) / 0.0475
t= ln(4.2857)/ 0.0475
t= 1.4552/0.0475
t= 30.63 years
Hence it will take about 31 years
Answer:
Rate of Decay = 8%
Step-by-step explanation:
The decay formula is:

Where F is the final value (here, it is given as "Y")
P is the initial value (here, given as 20,000)
r is the rate of decay (what we need to find)
t is the time (given as 2)
Comparing both the equations:

We see that:
1 - r =0.92
We solve for "r":
1 - 0.92 = r
0.08 = r
The rate of decay is 0.08, as a percentage, we need to multiply by 100, so we have:
0.08 * 100 = 8%
Rate of Decay = 8%