Let the amount deposited (principal) be x, then the amount after the required time = 2x.
A = P(1 + r/n)^nt: where A is the future value = 2x, P is the principal = x, r is the rate = 0.75%, n is the number of accumulation in a year = 12, t is the number of years.
2x = x(1 + 0.0075/12)^12t
2 = (1 + 0.000625)^12t
log 2 = 12t log (1.000625)
log 2 / log (1.000625) = 12t
1109.38 = 12t
t = 92 years
Answer:
0.209205
Step-by-step explanation:
I put it in the calculator and got this...
Answer:
2500
Step-by-step explanation:
5^2(3+2+5)^2
5^2(10)^2
25(100)
=2500
In order to find the answer, you can use-
1/4x=6
In order to get the answer, you multiply 6 by the denominator.
6x4=24
Then, you'd divide the solution of that part by the numerator.
24 divided by 1 equals 24.
Therefore, the final answer would be 24.
