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frozen [14]
2 years ago
7

A person invests 6500 dollars in a bank. The bank pays 7% interest compounded

Mathematics
1 answer:
Inessa [10]2 years ago
6 0

Answer:

t=16.2 years

Step-by-step explanation:

A=p(1+r/n)^nt

A=$20100

P=$6500

r=7%=0.07

n=4

t=?

t=ln(A/P)/n {ln(1+r/n)}

=ln(20100/6500) / 4{ln(1+0.07/4)}

=ln(3.0923)/4{ln(1+0.0175)}

=ln(3.0923)/4{ln(1.0175)}

=1.1289/4(0.0174)

=1.1289/0.0696

=16.23

To the nearest tenth

t=16.2 years

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If it is supposed to say <span>seven more bunches of tulips than roses,  that would mean, if there are 35 bunches in all, and if each bunch had 12 of the same flowers.... that must mean each bunch had 12 flowers so, 12*1/2/35.  35/1/2 would be 35/0.5 that would equal... 17.5. so, 12*17.5= 210. if there was seven more added, than, 7/2= 3.5 and 12*3.5= 42. 210+42=252.

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