Answer:
After 23 years , the capital will get three times as big
Step-by-step explanation:
Firstly, let us write the compound interest formula
P = I( 1 + r)^n
Since we are considering a capital rise of 3 times
If I, the initial value is x, the P
value later will be 3x
Interest rate is 5/100 = 0.05
so we need the value of t
This will be;
3x = x(1 + 0.05)^t
3= 1.05^t
ln 3 = t ln 1.05
t = ln 3/ln 1.05
t = 23 years
Answer:
I think its D
Step-by-step explanation:
Sorry if its wrong
Step-by-step explanation:
Dividing by a fraction is the same as multiplying with the opposite of the fraction. 8/9 / 3/4=8/9×4/3=32/27=1 5/27.
Answer:
<h2>2400GH Cedis </h2>
Step-by-step explanation:
The answer is 66.
66 * 3 = 198
66 * 5 = 330
