Answer:
9.694 years
Step-by-step explanation:
Let the investment is $P.
So, we are asked to determine the time it will grow to triple with the compound interest rate of 12%.
Let the time is y years.
So, from the formula of compound interest we can write
⇒
⇒
Now, taking log both sides we get,
y log 1.12 = log 3 {Since, }
⇒ 0.04922y = 0.477712
⇒ y = 9.694 years (Answer)
Answer:
not factorable
Step-by-step explanation:
The easiest way to factor is to find two numbers of the "a" value (the coefficient before ) and the factors of the c value (10) that ADD up to give you -9, in this case it would be:
1 -10 --> 1(-10) gives you -10
1 -1 --> 1(-1) gives you -1
adding these together -10 + (-1) = -11 which does not equal -9.
You could stop here and conclude that this is not factorable by inspection.
Another method: using the quadratic formula to find its roots.
Roots: and