compound interest equation for annually compounded
A=final amount
P=principal
r=rate in decimal
t=time in years
given that
A=1550
P=1000
r=5.5%=0.055
find t
divide both sides by 1000
take ln of both sides
use ln rule
divide both sides by ln(1.055)
using a calculator, we get that t=8.18544 yrs
so about 8.2yrs
1300 = 1000 (1.08)^t
1.3 = (1.08)^t
log base 1.08 (1.3) = t
3.41 = t
Answer:
I'm not sure
Step-by-step explanation:
sorry lol :(
Answer:
The parts it includes is everything from elementary equation solving to the study of abstractions such as groups, rings, and fields. The more basic parts of algebra are called elementary algebra; the more abstract parts are called abstract algebra or modern algebra. Examples of ways that we use algebra are finding the distance, perimeter of an area, volume, determining the cost of something, renting something, time relationships, pricing options for something you want to buy, and more.
Step-by-step explanation:
Answer:
1, 100000000
2, 100000
3, 1000000
4, 10000
Step-by-step explanation:
this Is right because you just have to keep add zero by the number of exponent