Answer:
approximately 11 years
Step-by-step explanation:
Use the compound interest formula:
A = P(1+r)^n, where r is the annual interest rate as a decimal fraction and t is the number of years.
Here we have:
(10000 pounds) = (6500 pounds)(1 + 0.04)^t and must find the value of t.
Solve for (1.04)^t by dividing both sides of this equation by (6500 pounds):
1.5385 = 1.04^t
Take the log of both sides:
log 1.5385 = t*log 1.04, or
log 1.5385
t = -------------------- = (0.1871)/0.0170 = 10.98, or approximately 11 years
log 1.04
Answer:
17 percent should be or 7 hahah
Step-by-step explanation:
Answer:
i need the answer too :(
Step-by-step explanation:
Answer:
<u>Q/ Draw a line ; Ans; </u>
*explain ; We put the 5 in the denominator and 5 multiply 1 + 4 so equal 9 so the choice 9/5 .
Ans; 7/3—> 2 1/3
*explain ; We put the 3 in the denominator and 3 multiply 2 + 1 so equal 7 so the choice 7/3 .
Ans; 12/10 —> 1 1/5
*explain; simple (12 and 10) ÷ 2 so equal 6/5
We put the 5 in the denominator and 5 multiply 1 + 1 so equal 6 so the choice 6/5 =12/10 .
<u>Q/ Compare the fractions;Ans;</u>
* explain; 2/3 = 0.66 and 14/6=2.33 so 2.33 greater from 0.66 so 14/6 greater from 2/3 .
* explain; 3/8 = 0.375 and 8/3=2.666 so 2.666 greater from 0.375 so 8/3 greater from 3/8 .
* explain; 2 1/6 —> We put the 6 in the denominator and 6 multiply 2 + 1 so equal 13 so equal 13/6
13/6 = 2.16 and 5/9=0.55 so 2.16 greater from 0.55 so 13/6 = 2 1/6 greater from 5/9 .
<u>Q/Add; Ans;</u>
<u>Q/Subtract; Ans;</u>
<u>Q/ Multiply;Ans;</u>
<u>Q/Divide;Ans;</u>
I hope I helped you^_^
Answer:
It is 12%
Step-by-step explanation: