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

how many minutes is it before 12 noon if 20 minutes ago it was three times as many minutes after 9 am

write a paragraph for me using these words: art critic and art historian

If A+B=76 and A -B=38 whats A divided by B

what is 89 divided by 6 in long divison

how do I figure out what 5550/1000

If a+b=6 and a-b = 4, what is the value of 2a + 3b?

Cellular respiration involves a series of chemical reactions. Which of the following is a primary way that enzymes affect these reactions? A. They decrease the

How do I solve this equation? If 3t-7=5t then 6t=a 21b-7c-21d-42

a long distance telephone company charges a rate of 8 cents per minute or 90 cent mininum charge per call, whichever is greater. Find the cost in cents per minu

which of the following would not make a good insulator* rubber*plastic*wood*metal