arhamer19 arhamer19

07-08-2021
Mathematics

contestada

how many years will it take for a sum of money to double at 10% compounded annually

Respuesta :

Аноним Аноним

07-08-2021

Answer:

t=7.27 years

Step-by-step explanation:

Let the money be p and t will be the number of years that will be needed for the money to get double.

ATQ, 2p=p*(1+0.1)^t

2=(1.1)^t

log(2)/log(1.1)=t, t=7.27

Answer Link

Otras preguntas

Veteran"s Day informational paragraph .

• What is the difference between primary storage, secondary storage, and off-line storage?

Which statement about the function below is TRUE? A. It is increasing between x = –2 and x = 1. B. It is increasing between x = 2 and x = 3. C. It is increasing

Please write the explanation thanks

Which of the following marked the end of the Spanish-American War? A)the Treaty of Paris B)the Roosevelt Corollary C)the Treaty of Portsmouth D)the Gentleman’s

Since the 1960's, the process of selecting presidential candidates has been altered by the changing role of presidential primaries and national party convention

Lin has a marble that 5/8 inch wide. write the marbles width as a decimal. SHOW YOUR WORK

Does anyone know the answer ?!?!

how was society characterized during the Renaissance

Does anyone know what uranium is???

good job