Answer:
7 years 11 months
Step-by-step explanation:
The future value formula for the value of a principal P invested at annual rate r compounded n times yearly for t years is ...
FV = P(1 +r/n)^(nt)
For the given numbers, we want to find t:
6000 = 3700(1 +.062/2)^(2t)
Dividing by 3700 and taking the logarithm, we get ...
6000/3700 = 1.031^(2t)
log(60/37) = 2t·log(1.031)
Dividing by the coefficient of t gives ...
t = log(60/37)/(2log(1.031)) ≈ 7.92 . . . . . years
It will take about 7 years 11 months for the investment to grow to $6000.
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➷ The ratio is simply just 7:10
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5
6x5 is 30
I’m pretty sure that’s the answer hope it helps
Answer:
The answer is 2.375.
Step-by-step explanation:
17 / 8 = 2.125.
2 / 8 = 0.25.
2.125 + 0.25 = 2.375.
80 pages in 2 hours is the same as 40 pages in 1 hour or ≈ 0.677 in 1 minute
