Answer:
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Step-by-step explanation:
Answer:
The doubling time of this investment would be 9.9 years.
Step-by-step explanation:
The appropriate equation for this compound interest is
A = Pe^(rt), where P is the principal, r is the interest rate as a decimal fraction, and t is the elapsed time in years.
If P doubles, then A = 2P
Thus, 2P = Pe^(0.07t)
Dividing both sides by P results in 2 = e^(0.07t)
Take the natural log of both sides: ln 2 = 0.07t.
Then t = elapsed time = ln 2
--------- = 0.69315/0.07 = 9.9
0.07
The doubling time of this investment would be 9.9 years.
X-y=6 Equation 1
x+y=4 Equation 2
To graph the given system of equation, first find x and y-intercept of each equation.
x-y=6
When y=0
x=6 Point is (6,0)
When x=0
-y=6
y=-6 Point is (0,-6)
Now x-intercept and y-intercept for equation 2.
x+y=4
When x=0
y=4 Point is (0,4)
When y=0
x=4 Point is (4,0)
Now plot these points on the graph, the lines intersect each other at point (5,-1), which is the solution of the given system.
Answer: (5,-1)
Answer:
22
Step-by-step explanation: