Answer:
The correct answer is a. $2275.28; b. 17.04 years
Step-by-step explanation:
Principal to be invested is $2000
Interest rate (r) per year is 6.5 quarterly.
Interest is calculated compoundly.
a. Time (t) for the investment is given to be 2 years.
Amount after two years is = Principal ×
where the value of n is 4.
⇒ A = 2000 × 
⇒ A = $2275.28.
b. Now the value of A is given to be triple the principal = $ (3 × 2000).
Therefore we need to find the value of t.
⇒ 3 × 2000 = 2000 × 
⇒ ㏑ 3 = 4t × ㏑ ( 1.01625)
⇒ t = 17.04
Therefore it would take 17.04 years for the principal to triple.
Answer:
y=0x+2
Step-by-step explanation:
The answer to you ? is = -3/4x
Use this app for fast response it’s amazing it’s in the cmmts
Y= -4 it won’t let me send unless I type 20 letters lol