You could have 34,884 desserts.
The fundamental counting principle says that to find the total we do choices x choices x choices....
In this case, we have 969*12*3 = 34884.
63
.10d + .05n = 5.25
.10(21) + .05n = 5.25
2.1 + .05n = 5.25
.05n = 3.15
n = 3.15/.05
n = 63
The answer is 1.5x3 which is 4.5 i am pretty sure.
Answer:
7 years 11 months
Step-by-step explanation:
The future value formula for the value of a principal P invested at annual rate r compounded n times yearly for t years is ...
FV = P(1 +r/n)^(nt)
For the given numbers, we want to find t:
6000 = 3700(1 +.062/2)^(2t)
Dividing by 3700 and taking the logarithm, we get ...
6000/3700 = 1.031^(2t)
log(60/37) = 2t·log(1.031)
Dividing by the coefficient of t gives ...
t = log(60/37)/(2log(1.031)) ≈ 7.92 . . . . . years
It will take about 7 years 11 months for the investment to grow to $6000.
