The formula for compound interest is:
Given data:
a. After ten years, that is t = 10 years, the amount in the account will be
b. After twenty years, that is t = 20 years, the amount in the account will be:
c. The time it takes for Harry's initial account value to double will be:
Therefore, the time it takes Harry's initial account to double is approximately 11 years
h= number of hours
m= number of miles
Formula: 4h=12m
(4 hours equals 12 miles)
Divide 4 on each side.
h= 3m
3 miles per hour.
Then, convert miles to feet. And hours to minute.
To do this simultaneously,
Convert miles to feet and hours to minutes.
There should be 3 "fractions" to multiply.
The first should be the original problem:
3miles/1 hour. (3 miles per hour).
The second should be 1 hour/60min. (1 hour per 60 min).
The third should be 5280 ft/1 mile. (5280 feet per mile).
The second and the third fractions are to convert miles to feet and the hours to minutes.
