The option c is the answer because
2p=p (1.07)^x
2=1.07^x
Solve for x
X=log(2)÷log(1.07)
x=10 years the amount will be doubled after 10 years
But your option says the investment will (more) than double with (12) years
So it's correct
Answer:
D. 7 1/2
Step-by-step explanation:
-3 divided by -2/5
-(-3(-5/2)
-(-3 x 5/2)
-15/2
7 1/2
Hope it helps
Answer:
14/125
Step-by-step explanation:
56 % ÷ 5 days ie 11.2% per day ie 112/1000 or 14/125
Elaine's would be because.16 is closer to being a whole than .016
Clean up the equation with x first and x=12.
Substitute this value in to the other equation to solve for y.
You should get a solution of (12,-8)
