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.
Answer:
yes
Step-by-step explanation:
but really nice to the world I'm happy for you because you is so buetiful
Answer:
y=2x+6 ; x+y=51
Step-by-step explanation:
assuming x is one number and y is the other -
one number (y) is 6 more (+6) than twice another (2x) -
using that knowledge we form an equation -
y=2x+6
the sum (x+y) is 51
using this knowledge we can make the equation -
x+y=51
now you have -
y=2x+6 or 2x-y=-6
x+y=51
using system of equations -
you add the equations -
3x=45
x=15
y=51-x => y=36
hope this helps!!
Answer:
6a + 15
Step-by-step explanation:
Answer:
hiii <33
Step-by-step explanation: