Answer:
5 years
Step-by-step explanation:
In the question we are given;
- Amount invested or principal amount as $5048
- Rate of interest as 4% compounded 12 times per year
- Amount accrued as $6,163.59
We are required to determine the time taken for the money invested to accrue to the given amount;
Using compound interest formula;
where n is the interest period and r is the rate of interest, in this case, 4/12%(0.33%)
Therefore;
introducing logarithms on both sides;
But, 1 year = 12 interest periods
Therefore;
Number of years = 60.61 ÷ 12
= 5.0508
= 5 years
Therefore, it will take 5 years for the invested amount to accrue to $6163.59
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(-2+3)/(6+4)= 1/10
y+3=1/10(x + 4)
y + 3 = (1/10)x + 4/10
y + 30/10 = ( 1/10)x + 4/10
y = (1/10)x + 4/10 - 30/10
y = (1/10)x - 26/10
y = (1/10)x - 13/5
10(y = (1/10)x - 13/5)
10y = x - 26
-x + 10y = -26
Answer:
x= -0.2 or -1/5
Step-by-step explanation:
42+5X=41
Subtract 42 from both sides:
42+5X=41
-42 -42
You are left with:
5x=-1
Now divide 5 by both sides to isolate x:
5x= -1
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5 5
x=-0.2 or -1/5