The future value (A) of a one-time investment of principal amount P at interest rate r compounded n times per year for t years is ...
... A = P(1 +r/n)^(nt)
Putting your given numbers into the formula, we have
... 876.34 = 300(1 +.06/4)^(4t)
Taking logarithms, this becomes the linear equation
... log(876.34) = log(300) + 4t·log(1.015)
Solving for t in the usual way, we get
... log(876.34) -log(300) = 4t·log(1.015) . . . . . . . subtract the constant term on the right
... (log(876.34) -log(300))/(4·log(1.015)) = t ≈ 18.00 . . . . divide by the coefficient of t
It will take <em>18 years</em> for the $300 CD to reach a value of $876.34.
Answer:
12.5 m
Step-by-step explanation:
1st drop 50 m
2nd drop 50/2 = 25 m
3rd drop 25/2 = 12.5 m
The cost c, is 55 per ticket t, so the equation is c=55t
Answer:
see explanation
Step-by-step explanation:
Given
- 2a - 5 > 3 ( add 5 to both sides )
- 2a > 8
Divide both sides by - 2, reversing the direction of the inequality sign as a consequence of dividing by a negative quantity
a < - 4
Since a is less than we require an open circle at - 4 on the number line.
Since less than the arrow head is pointing to the left, that is
Graph A, the top graph illustrates the solution
Answer:
Option B is the correct answer
Step-by-step explanation:
B. x2 + y2 = 25
