Answer:
The time required to get a total amount of $ 640.00 from compound interest on a principal of $ 440.00 at an interest rate of 5.6% per year and compounded 365 times per year is approximately 7 years.
Step-by-step explanation:
Given
- Principle Amount P = $440
- Interest rate r = 5.6% = 0.056
To determine:
Time period t = ?
Using the formula
solving for t
t = ln(A/P) / n[ln(1 + r/n)]
substituting the values A = 640, P = 440, n = 365 and r = 0.056
t = ln(640/440) / ( 365 × [ln(1 + 0.00015342465753425/365)] )
t = 6.691
t ≈ 7 (nearest year)
Therefore, the time required to get a total amount of $ 640.00 from compound interest on a principal of $ 440.00 at an interest rate of 5.6% per year and compounded 365 times per year is approximately 7 years.
Answer:
From least to greatest, the order would go: 2.207, 2.27, 2.9, 3.76.
Step-by-step explanation:
To find the least greatest number, we have to look at each digit. In this number sequence, the least greatest number is a 2 for the single digit. With those 2s, 2.2 is the lowest out of them. And out of the 2.2s, the 2.207 is smaller than the 2.27. The 2.27 is the next number, then the 2.9 and then the 3.76.
Hope this helps! :)
Answer:
44
Step-by-step explanation
4c + d
this is an expression and since they provided c and d it is easy to solve
c = 9 and d = 8. You need to plug in c and d into the expression to solve the problem.
4(9) + (8)
4 times 9 is 36 so it leaves you with 36 + 8
36 + 8 = 44
I hope this helps but basically the concept is just plugging in the numbers in place of the variables. For future problems plug in the numbers given where the variables are.
Answer:
D+B 12
Step-by-step explanation:
Hello.
Have a beautiful and joyful day ahead
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