question archive 1)Use the formula for compound interest, a=P(1+i)^n, to determine how many years it will take for an investment of 10,000$ to triple if the interest rate is 7% per year,compounded quarterly
1)Use the formula for compound interest, a=P(1+i)^n, to determine how many years it will take for an investment of 10,000$ to triple if the interest rate is 7% per year,compounded quarterly
Subject:MathPrice: Bought3
1)Use the formula for compound interest, a=P(1+i)^n, to determine how many years it will take for an investment of 10,000$ to triple if the interest rate is 7% per year,compounded quarterly. [Hint : This is a YEARLY interest rate that is compounded QUARTERLY. Search "interest calculator online to check answer]
2)100 dogs were released on an island in 2005. By 2012, there were 324 dogs on the island. The island can sustain a maximum of 5000 dogs. (a) Assuming logistic growth, writea general equation that describes the population P(t) at any time t. (b) How many dogs will there be by 2020? (c) In what year will the population reach 1000? (d) How many dogs are born per year in 2016?
