Answer:
About 31 years
Step-by-step explanation:
Given data
Principal= $3500
Rate= 4.75%
Final amount= $15,000
Time=??
The expression for time on compound interest is
Calculate time, solve for t
t = ln(A/P) / r
substitute
Calculate time, solve for t
t = ln(15000/3500) / 0.0475
t= ln(4.2857)/ 0.0475
t= 1.4552/0.0475
t= 30.63 years
Hence it will take about 31 years
15.2
16 + 12 + 8 + 22 + 25 + 8 = 91 / 6 = 15.16 = 15.2
Answer: y=2x+3
Step-by-step explanation:
Answer:
15x + 40 = 115
We set the equation to 115 because the total cost is $115.
We add the "+ 40" because of the $40 to rent the trailer for the day.
The 15x is because it represents the miles per hour (x) times the number of hours.
The number of hours times the charge per mile, plus the $40 to rent it, will equal $115.
Hope this helps!!
