Answer:
20/3
Step-by-step explanation:
Answer:
The doubling time of this investment would be 9.9 years.
Step-by-step explanation:
The appropriate equation for this compound interest is
A = Pe^(rt), where P is the principal, r is the interest rate as a decimal fraction, and t is the elapsed time in years.
If P doubles, then A = 2P
Thus, 2P = Pe^(0.07t)
Dividing both sides by P results in 2 = e^(0.07t)
Take the natural log of both sides: ln 2 = 0.07t.
Then t = elapsed time = ln 2
--------- = 0.69315/0.07 = 9.9
0.07
The doubling time of this investment would be 9.9 years.
Answer:
Z = 20
Step-by-step explanation:
3 x 20 = 60
60 - 12 = 48
Answer: No, it would be 2/5.
Step-by-step explanation: 2 1/4 - 6/7 is equal to about 1.4 when rounded to the nearest tenth. 1.4 as a fraction would be 4/10. 4/10 is simplified to 2/5 by dividing each number by 2.
