Follow the given formula. The initial amount of money invested, P, becomes 2P (same thing as "doubles) after t years. Since compounding is quarterly, n=4. The annual interest rate is 12%. That is, r=0.12.
Then we have 2P = P (1 + 0.12/4)^(4t) and need only solve for time, t.
Simplifying the above equation: 2 = (1.03)^(4t)
We must isolate 4t, and then isolate t. To do this, take the common log of both sides of the above equation. We get:
log 2 = (4t) log 1.03. This gives us 4t = [log 2] / [log 1.03], or
4t = 23.4498
Dividing both sides by 4, we get t = 5.86 (years).
Answer:
Where's the question?
Step-by-step explanation:
<span>A 2% solution of chlorohexidine added to 126 oz of water. The total oz 128.
Solute: chlorohexidine, 2%=0.02
solvent: water (0%)
Concentration, C, volume V
CV=c1v1+c2v1
128C=0.02*2 + 0.00*126 = 0.04
Concentration
C=0.04/128 = 0.0003125 = 0.03125%</span>
Let the distance of Judy from intersection is x and distance of Jackie from intersection is y.
We convert the given information to equations, step by step.
Point 1: When Jackie is 1 mile farther from the intersection than Judy.
This means y is 1 mile more than x.
So,
y = 1 + x
Point 2: The distance between them is 2 miles more than Judy’s distance from the intersection.
Distance between is x+ y.
So, x+y is 2 miles more than y.
x+y = y + 2
⇒
x = 2
From point 1 we have:
y = 1 + x = 1+ 2 = 3
So,
Distance of Judy from intersection is 2 miles and distance of Jackie from intersection is 3 miles.
