Answer:
11.4 years
Step-by-step explanation:
We assume you want to know the time it takes for Lucy's investment of $1200 to have a value of $6400. The compound interest formula is good for finding that.
FV = P(1 +r/n)^(nt)
for principal P invested at rate r per year for t years, compounded n times per year. We want to find t such that ...
6400 = 1200(1 +0.15/4)^(4t)
16/3 = 1.0375^(4t) . . . . divide by 1200
log(16/3) = 4t·log(1.0375) . . . . take logarithms
t = log(16/3)/(4·log(1.0375)) ≈ 11.4
It will take about 11.4 years for Lucy's investment value to be $6400.
Answer:
Step-by-step explanation:
3.5y - 12 = 1.5y - 3
2y -12 = -3
2y = 9
y = 4.5
the answer is a. one solution
She would save $9.12 by using the better sale! I hope this helped!:)
Answer:
y = 50x + 25
Step-by-step explanation:
y = mx + b
Answer:
C
Step-by-step explanation:
2,3,5,5,<u>6</u>,7,8,8,11
6 is the middle line, 8 is the end of the box, and 4 is the beginning of the bow.
Hope this helps.