Answer:
11 years
Step-by-step explanation:
Set the function f(x) = 100(1.0153)^x = to 118 and solve for x:
100(1.0153)^x = 118
Taking the natural logarithm of both sides, we get:
ln 100 + x ln 1.0153 = ln 118
Then x ln 1.0153 = ln 118 - ln 100, or
= 4.7707 - 4.6052
... which leads to:
4.7707 - 4.6052
x = --------------------------- = 11 years (rounded up from 10.888 )
0.0152
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The answer to 275 percent of 4 is 11
Answer:
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