Answer:
After 23 years , the capital will get three times as big
Step-by-step explanation:
Firstly, let us write the compound interest formula
P = I( 1 + r)^n
Since we are considering a capital rise of 3 times
If I, the initial value is x, the P
value later will be 3x
Interest rate is 5/100 = 0.05
so we need the value of t
This will be;
3x = x(1 + 0.05)^t
3= 1.05^t
ln 3 = t ln 1.05
t = ln 3/ln 1.05
t = 23 years
Answer:
-65 i suppose
Step-by-step explanation:
2000 smartphones and 1500 flip phones
4-3=1
1x500=500
500x4=2000
500x3=1500
Answer:
I think the answer is D but I'm not 100 percent sure. I hope this helps
Step-by-step explanation:
I think I took this test before
