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

In what two ways did the Mauryan emperor Ashoka help spread Buddhism? He sent Buddhist missionaries to other kingdoms.He exiled non-Buddhist subjects from his k

A bilateral infection of the testes from mumps can result in:

Excerpt from: Song of Myself Walt Whitman 1 I celebrate myself, and sing myself, And what I assume you shall assume, For every atom belonging to me as good belo

Why does lincoln begin his eulogy to the soldiers buried at gettysburg with a reference to "four score and seven years agao"?

the graph shows the amount of money Roberta saves each week

Which of the following is the correct way to paraphrase a paragraph? A. Restate briefly the main idea and supporting details. B. Restate each sentence using dif

When two lines intersect, what is their intersection

Match each scenario with a concept related to the regulation of international trade

Vashti believes that our civilization depends on substances whose supply is limited. vashti is a(n):

QUICK ASAP HELP!!! Which sentence contains an error in subject-verb agreement? A - A family of squirrels live in my yard. B - Nobody wants to go to bed early. C