Answer:
The answer is B - 288
To get this answer all you need to do is
First, subtract 316 - 28 to get your answer :)
Hope this helps!
-sofia~
Answer: y+1 = 5(x-1)
Step-by-step explanation:
Answer:
? i cant understand this!!!!!!!
Step-by-step explanation:
Answer:
It takes 75 years for the investment to quadruple in value
Step-by-step explanation:
Simple Interest
This is a simple interest problem.
The simple interest formula is given by:

In which E is the amount of interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
After t years, the total amount of money is:

In this question:
4% simple interest per year, so I = 0.04.
Quadruple:
t when T = 4P.
The interest earned is:



Now we find the time.





It takes 75 years for the investment to quadruple in value
Here is my table of points: