beccagriffis4267 beccagriffis4267

01-12-2017
Mathematics

contestada

Using the formula a=p(1+r/n)^nt find how long it takes an investment to double if it is invested at 8% interest compounded monthly

Respuesta :

jorel1380 jorel1380

03-12-2017

2=(1+.08/12)^12t
2=(1.006666666666667)^12t
ln 2=ln (1.00666666666667)^12t=12t ln(1.00666666666667)
104.31826687071655449132631504323=12t
t=8.7 years

Answer Link

Otras preguntas

Select the correct answer from the drop-down menu. Read the sentence from the passage. That old gentleman with the wild, white beard and the wild, white hat—tha

A classroom monitors chicken eggs in various temperatures. The table shows the class's recorded results. Using the data in the table, a conclusion is made by ca

You have seen this announcement in an international magazine for teenagers Articles wanted on living in the 21st century. What form of relaxation do teenagers n

Escribe las características de los dibujos Artes visuales

PLEASE HELP ASAP :) thank you

Which National Artist directed "Tinimbang Ka Ngunit Kulang"? Select one: a. Ishmael Bernal b. Lino Brocka c. Brillante Mendoza

what is the solution to this equation? 8(e)^2x+1=4

Arrange these events in the correct chronological order: 1. Moses Austin met with Governor Martinez II. Moses Austin became part owner of the Bank of St. Louis

Need answer asap!! Molecules in the solid state A) transfer heat to neighboring molecules by convection B) have no motion C) have no internal energy D) vibrate

Use the given graph to determine the limit, if it exists.