Answer:
7 years 11 months
Step-by-step explanation:
The future value formula for the value of a principal P invested at annual rate r compounded n times yearly for t years is ...
FV = P(1 +r/n)^(nt)
For the given numbers, we want to find t:
6000 = 3700(1 +.062/2)^(2t)
Dividing by 3700 and taking the logarithm, we get ...
6000/3700 = 1.031^(2t)
log(60/37) = 2t·log(1.031)
Dividing by the coefficient of t gives ...
t = log(60/37)/(2log(1.031)) ≈ 7.92 . . . . . years
It will take about 7 years 11 months for the investment to grow to $6000.
Answer:
96
Step-by-step explanation:
Answer:
x=15
Step-by-step explanation:
21-6=15
-4x+y=-5x-y=15
x+y=-y=15
x=15
It would be 2.4 times 10. I got this answer because there is 24 shaded in, so I divided it by 10 and got 2.4. The other answers could also be 6 times 4, 8 times 3, 2 times 12, 1 times 24. I hope this helps. <3