Answer:
Hello, hope this will help:)
Answer:576
Step-by-step explanation: For every year, Carter’s telephone bill will be $576. This is because is we know how much he is charged a month, we can take that number and multiply it by 12. We are multiplying it by 12 because there are 12 months in 1 year. Once we multiplied it that’s how we find out the cost for 1 year.
Have a great day,
Eric
It is the sum of the initial amount and the additional amount after d days
HOPE THIS HELPS!
Answer:
This problem requires us to calculate, the value of investment after 10 and 25 years, and also tell the time after which intial investment amount will double. Investment rate and initial investment amount is given in the question.
Value of investment after 10 year = 600(1+8%)^10 = $ 1,295
Value of investment after 25 year = 600(1+8%)^25 = $ 4,109
Time after which investment amount double (n)
1200 = 600 (1.08)^n
Log 2 = n log 1.08
n = 9 years
