Answer Interest rate = 12.3%
The compound interest formula is given by:
Where
A = Future amount
P = Present amount (Principal amount)
r = Interest rate in decimal form
n = No. of times compounded per year
t = time in years.
We can say that if:
Present amount = P
Future amount = 3P
r = 12.3/100 = 0.123
n = 1
t = ?
Substitute the values in the formula of compound interest:
Taking log on both sides.
Round off to nearest option
t ≅ 9 years
Answer:
5/6
Step-by-step explanation:
When adding fractions, you must ensure the denominator is the same in both fractions.
In this case, the 3 can be multiplied by 2 to equal 6, the other denominator.
When multiplying fractions to create a common denominator, you must multiply the both the numerator and the denominator by the same value, to ensure that the fraction is still equivalent.
2/3 × 2/2 = (2×2)/(3×2) = 4/6
Replace 2/3 with its equivalent 4/6.
Now you will add the numerators together.
1/6 + 4/6 = (1+4)/6 = 5/6
Your final answer is 5/6
Answer:
about a half teaspoon
Step-by-step explanation:
