What is equivalent to 1/4 x 12.
2 answers:
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Answer: <em>time = 55.48 years</em>
Explanation:
Given:
Principal amount = $10000
Interest rate = 2% p.a
Amount = $30000
We can evaluate the time taken using the following formula:
Solving the above equation, we get
Now taking log on both sides, we get;
<em>time = 55.48 years</em>
Answer:
y = -2x + 7
Step-by-step explanation:
P.S: I solved it twice to show you that it doesn't matter which point you choose, you will get the same result.
But it is important when you calculate the slope
If you have any questions about the way I solved it, don't hesitate to ask me in the comments below ÷)
