Answer:
740
Step-by-step explanation:
Answer:
Step-by-step explanation:
The interval [4, ∞) all real numbers 4 and greater, whereas the interval (4,∞) not includes the endpoint 4.
Answer:
It will take 55 years for the account value to reach 38200 dollars
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
After t years, the total amount of money is:
.
In this problem, we ahve that:
So
First we find how much we have to earn in interest.
.
How much time to earn this interest?
Rounding up
It will take 55 years for the account value to reach 38200 dollars
Answer:
Result: $26.46
Steps:
$24.50 (increase) + 8% = $26.46
24.50 x (1 + 8%) = 24.50 x (1 + 0.08) = 26.46
I'm truly sorry if my math is incorrect.
Bye, have a great day/night :)