Answer:
It will take 4.84 years
Step-by-step explanation:
The initial amount that Matt invested was $1669. It means that principal is
P = 1669
It was compounded 12 times per year. So
n = 12
The rate at which the principal was compounded is 2%. So
r = 2/100 = 0.02
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years.
A = 1,844.38
Therefore
1,844.38 = 1669(1+0.02/12)^(12×t)
1,844.38/1669 = (1.0017)^(12t)
1.1051 = (1.0017)^(12t)
Taking log to base 10 of both sides, it becomes
Log 1.1051 = log 1.0017^(12t)
Log 1.1051 = 12tlog 1.0017
0.043 = 0.00074 × 12t
0.043 = 0.00888t
t = 0.043/0.00888
t = 4.84 years
Answer:
Here are the answer to your question
1. Rhombus
2. Diagonals are congruent
Here is the answer for the rest of the quick check if anyone needs them
3. Diagonals are perpendicular and diagonals are congruent
4. 4
Answer:
x = 420/11
Step-by-step explanation:
Let's use x to represent the number of hours since we don't know that.
750+250x<u><</u><u />2500
Subtract 750 from both sides.
250x<u><</u><u />1750
Divide both sides by 250.
x<u><</u><u />7
The most hours that they can do is 7, or it can be less.