s140431 s140431

25-01-2022
Mathematics

contestada

How long would it take $8000 to grow to $10,000 at 4% simple interest?

Respuesta :

michellelalala michellelalala

25-01-2022

Answer:

10,000 = 8000(1.04)^t

1.25 = (1.04)^t

log(1.25) = t*Log(1.04)

t = log(1.25)/log(1.04) = 5.69 years

Step-by-step explanation:

good luck!

Answer Link

Otras preguntas

What is the most reliable way to get the opinions of experts on any writing topic

what was the primary religion of spain in 1519

Marvin collects trading cards.He stores them in boxes that hold 235 cards each.If Marvin has 4 boxes full of cards, how many cards does he have in his collectio

What is the answer: -4 - (-9)

How did the geography of China affect the development of early civilization there?

When energy is lost from water it A. gets colder. B. gets warmer. C. must turn to ice. D. must turn to steam.

(blank) takes place in organelles called chloroplasts.

CAN YOU USE A CALCULATOR TO DETERMINE IF A NUMBER IS RATIONAL OR IRRATIONAL

Equations that equal 160

After the American Revolution, why did other nations look to the United States as a model nation?