The time it will take the principal to grow to the desired amount is 0.7 years
Using the compound interest formula :
A = P(1 + r/n)^(nt)
A = final amount = 225,000
P = principal = 180,000
r = rate = 3.12%
n = Number of compounding times per period = 12(monthly)
t = time
225000 = 180000(1 + (0.0312 /12))^(12t)
Divide both sides by 180000
225000/180000 = (1 + (0.0312 /12))^(12t)
1.25 = 1.026^12t
Take the log of both sides
0.0969100 = 0.0111473 × 12t
0.0969100 = 0.1337676t
Divide both sides by 0.1337676 to isolate t
0.0969100 / 0.1337676 = t
0.7244 years
0.7 years
It will take 0.7 years for the amount to grow
Learn more : brainly.com/question/21270833?referrer=searchResults
The price was reduced by 25%
How many 6-digit numbers can be formed using the digits 0, 1, 2, 3, 4, 5, 6, 7, 8, 9, if repetitions of digits are allowed?
sveta [45]
There are 6 digits. Each digit can take ten different numbers except for the first digit since it cannot be zero.
So:
9 x 10 x 10 x 10 x 10 x 10
900000 numbers.
Another way of thinking about this is to just count up to 999,999. Obviously there are 999,999 different numbers here. But since our number has to have 6 digits in them, we have to delete 99,999 numbers. Thus there are 900,000 different numbers.
we know that
domain is all possible values of x for which any function is defined
so, here domain will be all possible values of x fro which y is defined
so, we will find minimum and maximum value of x
we can see that
x starts from 0
so, minimum value is x=0
and it goes to right upto infinity
so, domain will be
...............Answer