The real statue of liberty is 152 feet tall. If you wanted to build a toy model of the statue to sell to tourists that is 2:101
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The money will be triple after 15 years and 303 days.
What is compound interest?
Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit.
Given:
Principle (P) = $10,000
The amount will be triple.
So, Amount (A) = $30,000
Rate (r) = 7% = 0.07
The interest is compounded quarterly.
n = 4
We have to find the value of t.
Let,
Apply logarithm on both sides,
Hence, the money will be triple after 15 years and 303 days.
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Answer:
B
Step-by-step explanation:
since y and x vary directly the equation relating them is
y = kx ← k is the constant of variation
to find k use any ordered pair from the list given
using x = 4 when y = - 2, then
k = =
= - 0.5 → B