7400 dollars is placed in an account with an annual interest rate of 6.25%. To the nearest tenth of a year, how long will it take for the account value to reach 39200 dollars?

Solución

Solución

Time : 68.76

Pasos de solución

Translate the problem into an equation:

39200 = 7400 (1 + 0.0625 t)

Resolver para

t, 39200 = 7400 (1 + 0.0625 t) : t = 68.76

Time : 68.76

Ejemplos populares

triángulo has a base of 19.2 meters and a height of 10.7 meters. What is the area?transformación The sum of two numbers is 25. Their difference is 7. Find the numbers.Christopher is 20 years younger than Ishaan. Ishaan and Christopher first met two years ago. Fourteen years ago, Ishaan was 3 times as old as Christopher.How old is Ishaan now?5 times a number less than 30 The product of two numbers is 30. If one of the numbers is 6/7, what is the other number?