Answer:
43.35 years
Step-by-step explanation:
From the above question, we are to find Time t for compound interest
The formula is given as :
t = ln(A/P) / n[ln(1 + r/n)]
A = $2500
P = Principal = $200
R = 6%
n = Compounding frequency = 1
First, convert R as a percent to r as a decimal
r = R/100
r = 6/100
r = 0.06 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06/1)] )
t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06)] )
t = 43.346 years
Approximately = 43.35 years
Where is the picture ?? I don’t understand ok
I think that is 45 am not sure but i think that is the anwer
8x + 16 = 14x
To solve this equation, move everything containing the variable you want to solve for on one side of the equation and everything else to the other side of the equation.
Let's start by subtracting 8x from both sides to have the variable x all on the right side of the equation. Once you subtract 8x from both sides, your equation will now look like this:
16 = 6x
To solve for the variable x, you want to divide both sides of the equation by 6 to isolate x and therefore find your answer. Divide both sides by 6 and your equation should look like this:
16/6 = x
Simplifying 16/6 into a mixed number ⇒ 2 2/3
Your answer is x = 16/6 or 2 2/3.
Answer:
$3 dollars more
Step-by-step explanation:
