Answer:
-32
Step-by-step explanation:
The number of years the amount has been in the venture account with 12% interest per year is 4.
<h3>What is compound interest?</h3>
Compound interest is the interest on a loan or deposit calculated based on the initial principal and the accumulated interest from the previous period.
A sum of $2,500 was deposited in a venture account, which pays 12% compounded per year and it accumulated to $3,950.
Then the number of the years will be
We know the compound interest formula
where
A = Accumulated amount
P = Deposited value
r = rate of interest
t = time
Then we have
Taking log both sides, then we have
Then the number of the years is 4.
More about the compound interest link is given below.
brainly.com/question/25857212
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12. The inverse relation has the x- and y-values swapped.
The appropriate choice is ...
D. (13, 5)
Answer:
X=13/3
Step-by-step explanation:
Distribute and transfer the x’s to the other side and make sure to flip the signs of the x’s. Then solve for x.