Answer:
The answer is that w = 30
Step-by-step explanation:
To find this, we start by modeling the equation.
w/5 + 2 = 8
We know it looks like this since they say quotient, which means division problem.
w/5 + 2 = 8
w/5 = 6
w = 30
Present value, PV = $500
Future value, FV = 2*PV = 2*500 = $1,000
Rate, r = 4% = 0.04
Compounding times in a year, n = 4 (compounded quarterly)
Time, t = ??
The future value expression is stated as:
FV = PV (1+r/n)^nt
Substituting;
1000 = 500 (1+0.04/4)^4t
2 = (1.01)^4t
ln 2 = 4t ln 1.01
0.6931 = 4t* 0.00995
0.6931 = 0.0398t
t = 17.414 years
Time required for the amount to double is 17.41 years.
Answer:
-3
Step-by-step explanation:
answer must be negative since graph opens downward
value of 'a' must must be less than -1
Answer:
4232
Step-by-step explanation:
92% x 4600
4232
