Answer:
11.4 years
Step-by-step explanation:
We assume you want to know the time it takes for Lucy's investment of $1200 to have a value of $6400. The compound interest formula is good for finding that.
FV = P(1 +r/n)^(nt)
for principal P invested at rate r per year for t years, compounded n times per year. We want to find t such that ...
6400 = 1200(1 +0.15/4)^(4t)
16/3 = 1.0375^(4t) . . . . divide by 1200
log(16/3) = 4t·log(1.0375) . . . . take logarithms
t = log(16/3)/(4·log(1.0375)) ≈ 11.4
It will take about 11.4 years for Lucy's investment value to be $6400.
X = 7/3
Because 16^1.66667 = 101.593 and 4^3.33333 = 101.593
Answer:
you need to show the table for this question to get solved
If you would like to know what is the solution of the inequality x/3 > 1, you can calculate this using the following step:
x/3 > 1 /*3
x > 1 * 3
x > 3
The correct result would be x > 3.
Answer:
-3 2/4 is greater that -3.7
Step-by-step explanation:
2/4 is 0.4 and when dealing with negatives so the lower negative is the closest to 0 so the smaller negative is the greatest.
