Rashawn18 Rashawn18

19-01-2017
Mathematics

contestada

How long will it take for the balance of an account to double if the savings account earns 0.75% annual interest compounded monthly?
Hint: Set up the problem using the formula: A=P(1+r/n )^nt.

Respuesta :

Aliwohaish12 Aliwohaish12

19-01-2017

2p=p(1+0.0075/12)^12t
12t=log(2)/log(1+0.0075/12)
Can you solve for t

Answer Link

Otras preguntas

Which of the following is the least? A.0.105B.0.501C.0.015D.0.15 I don't need an answer i need an explanation

if each small tile cost 15 pesos & each big tile should emmanuel use to economize in tilin his floor? explain why

What's perpendicular to: y= x-1 And y= -1/3x -1

Cause: the Greeks revolt against the Ottoman Turks.Effect: ?

what is the advantage of most seeds going through a stage of dormancy before germination?

Which of the following is the least? A.0.105B.0.501C.0.015D.0.15 I don't need an answer i need an explanation

I need an essay on letter's importance in hindi

Hey! Can you help out a bit?

A pendulum is dropped 0.50 m from the equilibrium position as shown below. What is the speed of the pendulum bob as it passes through the equilibrium position?

Which of the following is the least? A.0.105B.0.501C.0.015D.0.15 I don't need an answer i need an explanation