Once your friend has thought of a number, do the following:
1. Ask him or her to multiply the chosen number by 2.
2.Choose an even number to use yourself. Ask your friend to add this number to the one in his head.
3.Tell him/her to divide the new number by 2.
4.Tell your friend to subtract his original number from the equation.
5."Guess" the number.
:)

6 0

3 years ago

8000$ is invested in an account the yields 6% interest per year. After how many years will the account worth 13709.60$ if the in

ozzi

Answer:

After 9 years the account will be worth 13709.60$

Step-by-step explanation:

We are given the following in the question:

We are given the following in the question:

P = $8000

r = 6% = 0.046

n = 12

The compound interest is given by:

$A = p\bigg(1+\dfrac{r}{n}\bigg)^{nt}$

where A is the amount, p is the principal, r is the interest rate, t is the time in years.

Putting the values, we get,

$13709.60 = 8000\bigg(1+\dfrac{0.06}{12}\bigg)^{12t}\\\\\dfrac{13709.60}{8000} = \bigg(1+\dfrac{0.06}{12}\bigg)^{12t}\\\\\Rightarrow 1.7137 = (1.005)^{12t}\\\Rightarrow t \approx 9$