Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Apply log both sides
Answer:
.06 or 6%
Step-by-step explanation:
you need to do 17.49-16.50=.99
then .99/16.50=.06
have a nice day
The sales tax rate is approximately 6.00%, calculated by subtracting the original price from the total price to get the sales tax amount, then dividing that by the original price and multiplying by 100.
To determine the sales tax rate, we first need to find the amount of sales tax. The amount of sales tax is the total price after tax ($17.49) minus the original price before tax ($16.50). This calculation gives us a sales tax amount of $0.99.
Next, we calculate the sales tax rate by dividing the sales tax amount by the original price before tax and then multiply the resulting number by 100 to get the rate as a percentage. Using the numbers from our example, the calculation would be ($0.99/$16.50) * 100. This equals approximately 6.00%.
#SPJ2
7/8h-5/8=2
Answer:
It will take 13 years until Ishaan is only 5 times as old as William.