kelvishanorton kelvishanorton

02-05-2017
Mathematics

contestada

holly wants to save money for an emergency. holly invests $1200 in an account that pays an interest rate of 4%. how many years will it take for the account to reach $15,400? round your answer to the nearest hundredth

Respuesta :

Aliwohaish12 Aliwohaish12

02-05-2017

15400=1200 (1+0.04)^t
Solve for t
T=log(15,400÷1,200)÷log(1+0.04)
T=65 years

Answer Link

Otras preguntas

Can someone answer this?

Read the poem. I Wandered Lonely as a Cloud by William Wordsworth I wandered lonely as a Cloud That floats on high o'er vales and Hills, When all at once I sa

solve each system by graphing.

Consider the system: y = 3x + 5 y = ax + b What values for a and b make the system inconsistent? What values for a and b make the system consistent and depend

Please help and explain!

Why were european powers competing so intensely for china?

how may history have been different if the Aztecs has defeated the Spanish??

What is the concentration expressed in parts per million of a solution containing 5.0 grams of nh4cl in 95.0 grams of h2o

What is the molar mass of (NH4)2CO3

Which substrate is digested by the enzyme protease? sucrose lipase protein protista