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jarptica [38.1K]
3 years ago
6

A $22,000 loan was taken out. If $24,805 is due at the end of the loan after being compounded daily at 2.5%, how many

Mathematics
1 answer:
Alex777 [14]3 years ago
3 0

9514 1404 393

Answer:

  4.8 years

Step-by-step explanation:

Solving the compound interest formula for the number of years gives ...

  t = log(A/P)/(n·log(1 +r/n))

where principal P invested at rate r compounded n times per year produces value A after t years.

  t = log(24805/22000)/(365·log(1 +0.025/365)) ≈ 4.800

The loan was for 4.8 years.

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You and your friend mix water and cirtic acid. You add 3 cups of citrtic acid for every 16 cups of water Your friend adds 2 cups
Vlad [161]

Answer:

A's mixture is more acidic.

Step-by-step explanation:

Given:

Two friends mix water and citric acid.

One (Let A) add 3 cups of citric acid for every 16 cups of water and another (Let B)adds 2 cups of citric acid for every 12 cups of water.

Now, we have to find that whose mixture is more acidic means:-

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B adds 2 cups of citric acid for every 12 cups of water = \frac{2}{12}

Now, to find that who mix more citric acid in the mixture, firstly we will equalize the denominator of both fraction by taking LCM so that can be compare easily.

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16 - 16, 32, <u>48</u>, 64, 80, 96....

12 - 12, 24, 36, <u>48, </u>60, 72.......

For friend A - \frac{3\times3}{16\times3} =\frac{9}{48}

For friend B - \frac{2\times4}{12\times4} =\frac{8}{48}

<em>We found that in terms of 48 cups of water, friend A mixes 9 cups of acid while friend B mixes 8 cups of acid, means A is adding more acid than B and</em> hence friend A's mixture is more acidic.

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3 years ago
Im confuse. On this problem
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Answer:

Well, all you really need to simplify the problem into fractions

Step-by-step explanation:

done

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