Answer:
43.35 years
Step-by-step explanation:
From the above question, we are to find Time t for compound interest
The formula is given as :
t = ln(A/P) / n[ln(1 + r/n)]
A = $2500
P = Principal = $200
R = 6%
n = Compounding frequency = 1
First, convert R as a percent to r as a decimal
r = R/100
r = 6/100
r = 0.06 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06/1)] )
t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06)] )
t = 43.346 years
Approximately = 43.35 years
Answer:
105
Step-by-step explanation:
First, you are going to convert dollars to cents. Since there are 100 cents in a dollar, multiple $20 by 100. Now you should have 2,000 cents. Now all you have to do is divide by 19, the cost of the stamps, and you should get 105.26. Because you can't by part of a stamp your answer would be 105.
Answer:
2 kids plan to do cross country
Step-by-step explanation:
I belive B. is 700$, for the rest i dont know
