Answer:
The doubling time of this investment would be 9.9 years.
Step-by-step explanation:
The appropriate equation for this compound interest is
A = Pe^(rt), where P is the principal, r is the interest rate as a decimal fraction, and t is the elapsed time in years.
If P doubles, then A = 2P
Thus, 2P = Pe^(0.07t)
Dividing both sides by P results in 2 = e^(0.07t)
Take the natural log of both sides: ln 2 = 0.07t.
Then t = elapsed time = ln 2
--------- = 0.69315/0.07 = 9.9
0.07
The doubling time of this investment would be 9.9 years.
Answer:
Step-by-step explanation:
We know that g = -3 and h = 5
Plugging in the values for g and h you will get:
Final answer is
Try adding 11, 11 times. It is a long process, but it should give you what you are looking for. First. to break it down add 10 eleven time, then after you get 110 add the remaining 11.
You need two pieces and 1 has to be 2x longer than the other
set x as the smaller piece (easier to always go with the smaller value as x)
the other piece is 2x (double in size)
your equations would be 3x=240>>> x= 60
so smaller piece/ x= 60
bigger piece/ 2x= 120