It would be 66.3 because 2% Coverts to .02 then you multiply that to 65 and get 1.3 and then you add that to 65
Answer:
It will take about 35.439 years to triple.
Step-by-step explanation:
Recall the formula for continuously compounded interest:

where "A" is the total (accrued or future) accumulated value, "r" is the rate (in our case 0.031 which is the decimal form of 3.1%), "P" is the principal, and "t" is the time in years (our unknown).
Notice also that even that the final amount we want to get is three times $48,000. So our formula becomes:

Now,in order to solve for "t" (which is in the exponent, we use logarithms:

Answer:
Let the number to find be x
7 - 9x = 52
-9x = 52-7
- 9x = -45
Divide by - 9
x = 5
The number is 5
Hope this helps.
Can you buttress your point?