If there are 15 people in a room how many people is 25%
1 answer:
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It takes 10.155 years until you have $3,000 ⇒ 3rd
Step-by-step explanation:
The formula for compound interest, including principal sum is:
, where
- A is the future value of the investment/loan, including interest
- P is the principal investment amount
- r is the annual interest rate (decimal)
- n is the number of times that interest is compounded per unit t
- t is the time the money is invested or borrowed for
∵ You decide to put $2,000 in a savings account
∴ P = 2000
∵ You want to save for $3,000
∴ A = 3000
∵ The account has an interest rate of 4% per year and is
compounded monthly
∴ r = 4% = 4 ÷ 100 = 0.04
∴ n = 12 ⇒ compounded monthly
- Substitute all of these values in the formula above to find t
∵
- Divide both sides by 2000
∴
∴
- Change the mixed number to an improper fraction
∴
- Insert ㏒ for both sides
∴
- Remember
∴
- Divide both sides by
∴ 121.84 = 12 t
- Divide both sides by 12
∴ 10.155 = t
It takes 10.155 years until you have $3,000
Learn more:
You can learn more about the compound interest in brainly.com/question/4361464
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(a) Calculate the vertical distance between the eagle and the seahorse.
Answer a: 11.38 meters is the vertical distance between them.
(b) Describe Adrian's position from the sea level.
Answer b: Adrian is 1.13m below the sea level.
Step-by-step explanation:
(a) Since sea level is the origin of coordinates. distances above sea level are positive and distances below sea level are negative. The distance between two points is the difference between them.
The vertical distance between the eagle and the seahorse is the difference between their positions:
Distance = 4.56m - (-6.82m) = 4.56m + 6.82m = 11.38 meters
Answer a) 11.38 meters is the vertical distance between them.
(b) Adrian's position is in the middle of the distance between the eagle and the seahorse:
Middle = 11.38m/2 = 5.69m
Since 5.69m is more than 4.56m above the sea level, then Adrian is below the sea level:
4.56m - 5.69m = -1.13m
Answer b: Adrian is 1.13m below the sea level.
<h2><em>Spymore</em></h2>