Answer:
11 years approx
Step-by-step explanation:
Given data
P=$1000
A=2000
R=6.5%
T= ?
Calculate time, solve for t
t = ln(A/P) / r
substitute
t=ln(2000/1000)/0.065
t=ln(2)/0.065
t=0.693/0.065
t=10.66
Hence the time is 11 years approx
Answer:
12 cents
Step-by-step explanation:
opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
by loaning matt the money he forgoes the opportunity to earn 12 cents in interest. this is his opportunity cost
Answer: 6 cannot go into 3 because it is a larger number but 3 can go into 6 twice because 3x2=6
Answer:
u = 2/3
Step-by-step explanation:
Simply divide both sides by -8:
u = (-16/3)/-8
If you don't have a calc, use KCF:
u = (-16/3)(-1/8)
u = 16/24
u = 2/3
