You are frozen in time for some amount of years with $12 in your bank account with 16% interest. When you get thawed out, you check your bank balance and find that you have $93,948,357.98 saved up. How long were you frozen?
Solve the equation:
On the provided space, plot the following equation. Make sure to list at least 5 points:
You may use Desmos to get the graph and the points but you cannot screen shot
Determine the inverse of the function:
Choose the correct expansion for the Logarithm:
Choose the correct condesement of the Logarithm
Solve the following equation. Round your answers to the nearest ten-thousanths.
Solve the following equation. Round your answers to the nearest ten-thousanths.
Using the following formula for Compound Interest,
Where:
A=Final Amount
P=Initial Amount
r=interest rate (as a decimal)
t=number of years
Find how many years it would take to have $12,170.57 in the account that started with $420 at an interest rate of 5%.