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:
4+6=10
Step-by-step explanation:
Price of one adult ticket is $9 and price of one student ticket is also $9.
Step-by-step explanation:
Let,
Adult ticket = x
Student ticket = y
According to given statement;
x+2y=27 Eqn 1
2x+2y=36 Eqn 2
Subtracting Eqn 1 from Eqn 2;

Putting x=9 in Eqn 1;

Dividing both sides by 2;

Price of one adult ticket is $9 and price of one student ticket is also $9.
Keywords: linear equations, subtraction
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Answer:
Number 4
Step-by-step explanation: